UCI News

Statewide law gives OC renters, homeowners eviction and foreclosure protections

Voice of OC, Sept. 2, 2020

September 2, 2020

Statewide law gives OC renters, homeowners eviction and foreclosure protections

UC Irvine economist Christopher Schwarz said businesses and the economy would have suffered even if the state didn’t shut down businesses.  “You essentially had a hard stop of the economy,” Schwarz said in a Tuesday phone interview. “If you look at Sweden, who didn’t shut down the economy, their GDP dropped like Norway, who did shut down their economy.”