No Joy for Smart Land

It’s official. Not only is Portland the most depressed major urban area in the U.S. (measured using such criteria as sales of anti-depressants), Oregon is the unhappiest state (measured using more conventional criteria such as unemployment and foreclosure rates). Numbers 2, 3, 4, and 5 are Florida, California, Nevada, and Rhode Island, all states with smart-growth laws (or, in the case of Nevada, federal limits on urban expansion).

Meanwhile, the happiest states are Nebraska, Iowa, Kansas, Hawaii, and Louisiana. All but Hawaii have no smart growth laws. How did Hawaii rank so high despite having the nation’s oldest growth-management law? A flip answer is that it would be hard to live in Hawaii and be unhappy, but it seems the real answer is that Hawaii has the lowest “non-mortgage debt as a percent of annual income.” Perhaps this is simply because there are a lot of rich people in Hawaii.
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Michigan and Ohio are pretty unhappy, but that can be credited to the decline in the auto industry. These lists really aren’t very meaningful, but the underlying data are. They show a pretty strong correlation between smart growth and foreclosure rates, and a moderately high correlation between smart growth and unemployment.