Oddbean new post about login | logout @43d7c4ea the complete transfer of the UK economy from industrial capitalism to service rentierism. The long-term consequence of building your lifestyle of taking in your neighbours washing, is that if the neighbour needs to cut back, then, like UK has cut back maintenance, they cutback and you are squeezed all seems well until it collapses. See RAAC and Grenfell for examples of what happens.