Misery loves company but not when it comes to the Forbes magazine list of “America’s Most Miserable Cities.”

The report ranked Stockton, California dead last among U.S. places to do business for reasons that include a ravaged housing market, violent crime and the high rate of unemployment.

A recent Huffington Post article referred to the city as “Foreclosureville, U.S.A.” based on its 9.5-percent foreclosure rate – one of the nation’s highest.

Not everyone is willing to take the news lying down. Business owners like Chrissy Dehoyos, who runs Stockton’s Kharma Spa & Boutique on Pacific Ave., said she’s not giving up on the Central Valley city any time soon.

“We call ourselves the best little secret in town,” said Dehoyos, who purchased the spa in January with the hopes of boosting demand for facials, manicures and waxings in the coming year. “There’s so much potential here.”