Damien wrote this song about a crappy apartment his friend had. He was looking at a shelf that was crammed so full with books that it was falling down. The "Older Chests" represent furniture that is cheap and falls apart. Then the song goes into how we don't appreciate anything anymore. We own all these things and don't even appreciate what we have: "too many books, read me your favorite line" - we have so many books that we don't even know what they're about.
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