friday free for all!

Its Friday in rainytown, lets do the open topic thing:

-Buy only what you can afford
-Emotional rollercoaster of leveraging
-Loonie at five week high
-US home price decline sets record
-UK Mortgage approvals down 44%
-New Home sales at 12 year low
-Tips on surviving a recession

What are you seeing out there? Post your news, links and anecdotes here!