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Mar 17th 2007!⃝I see this as sort of a coming of age song-about a young man finding, or figuring out his way in life. The first verse finds him walking home after a night of drinking. He thinks that last year at this time, he thought he'd be somewhere else by now, not here. He thought it would be easy to get out whenever he wanted-"just one more year, and then you'll be happy."
He then happens upon the residence of a friend, an older friend, and he realizes that his friend was once young, and thought that he, too, would be somewhere better, different. But, his dream about buying land and giving up booze and settling down never came to fruition, and the young narrator knows that it will never happen, just as his dreams of moving onto a new chapter in life will never come true.
