On today’s show we are taking a look at the latest market report from data analytics firm ALN. This report is hot off the press this week and shows an continuation of an over-heated apartment market across much of the US. Here are the individual market stats across the US. http://public.alndata.com/newsletters/2025/December/aln/marketstats.pdfWhen you look at the individual market numbers, I’m left with a pit in the bottom of my stomach.------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)  iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)  Website: [www.victorjm.com](http://www.victorjm.com)  LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)  YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)  Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)  Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)  Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)  Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)