.- Homeless population skyrocketing driven recently by unprecedented lockdown restrictions, small business fees, taxes, and regulations make employment of others exceedingly expensive in turn raising prices and reducing the affordability of goods, minimum wage hikes business run towards automation and layoffs to stay afloatThere's no doubt about it California has one of the highest concentration of millionaires and high income earners in the country, plenty of families who can live comfortably in this state.  

However, the more I read about the recent events surrounding Robinhood, the DTCC, and the financial markets in general, I realize how little I truly understand about the inner workings of the financial markets.... just curious to see how recent events (or past crises) are altering anyone else’s overall portfolio strategies

Governments reimposed restrictions on businesses and customers stayed away in the fourth quarter, leading to more layoffs and the first decline in employment since the onset of the pandemic last spring.

@Christopher B. totally agree with your opinion and I believe in REI too - what I am trying to say is "Diversify" REI on its own will not create wealth for you - in my case I started(2015) with 100K in REI and 100K in Stocks in  (Robinhood self managed) - also depends I am a hands off Investor (mostly Turnkey) as I have a full time jobMy returns are average or REI  but great on stocks "so far" and that might change may be in next 5 yrs , that doesn't mean I am going to quit REI - they both have pros and cons.

As you can see, our economy is still struggling to recover after a record coronavirus surge induced more layoffs at the end of last year.

Also keep in mind rent by room candidates may be in job market affected by Covid layoffs plus the holidays.

For Washington state it specifically calls out its only relevant to people "impacted by lay offs and reduced work".

But after that funding ran out, airlines were forced to reckon with personnel costs, encouraging early retirement and voluntary leave, negotiating lowering costs with labor unions, and implementing furloughs and layoffs for the remaining gap.

Does anyone know if a third party lender offers an LOC on a Robinhood brokerage account?

They need to reduce expenses, which generally means lay offs.2.