I agree with what most have said here - don't worry too much. It's the natural cycle of the economy, and it's all about supply & demand. Things will level out eventually.

In some ways I see high gas prices as a good thing - it is forcing car manufacturers to create more hybrid vehicles at costs that an average person can afford, and forcing people to think twice before wasting gas. This can be a good thing, in the long run, for our environment.

That said...I hate that the gas companies are making record profits while the rest of us suffer. But...such is life. That's what a market economy is all about.

Falling house prices are actually a good thing for those trying to get INTO the market. And even for those already in a home - prices over 5-10-20 years are still stable. It's only hurting those who sell in short-term.