Landscape of the city of Cleveland

Weatherhead’s Michael Goldberg discussed the effect the pandemic had on foreclosures in Ohio

Cleveland leads the nation in new foreclosure filings, Ohio third among states

Photo of Michael Goldberg surrounded by equipment at Sears think[box]

WEWS: Michael Goldberg, associate professor of design and innovation at Weatherhead School of Management and executive director of the Veale Institute for Entrepreneurship, explained how the COVID-19 pandemic impacted a rising number of foreclosures in Ohio. “Folks that are paying more at the pump or at the grocery store for groceries and gas to get themselves to work are having to make very hard decisions about where scarce dollars will go towards and they’re running behind on their mortgage payments,” he said.