:"Many have offered rich incentives for X to move its HQ out of San Francisco. Moreover, the city is in a doom spiral with one company after another left or leaving. Therefore, they expect X will move too. We will not.
"You only know who your real friends are when the chips are down. San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend." The urban doom loop refers to negative beliefs about a city deterring people from living there and causing those issues to proliferate. San Francisco is struggling with a
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