The best thing I have bought so far is a futon. Its great for sleeping guests on, collapsing onto when you are too drunk to climb up the bunk ladder, and generally just lounging on.
Also, don't forget the duct tape. Invaluable stuff.
Actually, rubbermaid modular shelving might have to be the most useful. Vertical storage for all of your food and other various crap really opens up the room.
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"Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws."
--Plato
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