Elevated Lifestyle Magazine Spring 2020 Issue Featuring George Clooney & Rande Gerber

Page 86

The one buying the $15 million house, are they unscathed because they pulled stocks out at a high at the onset of this, they held, and now they’re going to buy [a home] at a low, they’re actually making money from this. Or are they the ones that have 20, 30, 40 employees that they’re now having to take care of, and wanting to take care of, and now they’re not in a position to buy. You don’t know the impact yet. We’re all in this at different levels, but we’re all in this. So we really don’t know what the outcomes going to be or how to help and I think it’s a case by case basis. Everyone is sacrificing so much, the fact that these small business owners are closing these restaurants or closing bars or closing shops, these people live on a week to week income and they depend on consumers coming in and they’re closing their doors and they’re doing it in the hope of stopping this virus, slowing down the spread of this virus, and it’s a very responsible, wonderful thing that they’re doing and we just hope in the end that they’re going to be in a position, hopefully the banks will lend at a lower interest rate and give people the opportunity to refinance at a lower price per month to help them while they recoup. I think that’s what’s happening, I hope that continues to happen. We all have to help and work together. RG: In regards to the comment you made on the service industry, whether it be in Los Angeles or South Beach, Miami, it’s all so tied together. Those thousands upon thousands of workers that live week to week, so that’s gone, and then you have rent being waived


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