Nope. Look at New York. Anyways, if you want to see the reality, do a Google for “California population”, it will include Florida and Texas in a graph that goes back to 1920.

The exodus from NY was pretty remarkable and widely commented on. It was devastating for the state and led to the bankruptcy of NYC.

And...where is NYC today? Definitely not a desolate bankrupt city with falling property values.

Also, San Francisco and the Bay Area are definitely not immune to the boom-bust cycle, there have been busts before and there will be busts again, just like any other boom towns.

You wish, maybe? Anyways, conservatives need places like NYC and California to fail to validate their ideologies, that they keep thriving and booming must be incredibly frustrating to them.