Today's animal spirits is brought to you by our friends at Y charts.

On last week's show, Michael and I discussed the possibility of a housing bubble.

And I wanted to get my thoughts in order on that a little bit more after we got done talking.

So I went into a piece, but first I did a bunch of research on Y charts.

And they have an extraordinary amount of data for real estate.

So I looked at the case Schiller index.

I looked at the US existing months home supply.

I looked at US building permits.

The number of US housing starts.

US household debt as a percentage of disposable income.

The amount of equity homeowners have in their houses in the US.

So all this stuff, so I was able to show the data.

And I got some pushback on it, of course.

But we're going to talk a little bit more about that today.

And some pieces that other people have read about the housing market.

Because I don't think that stuff is going away any time soon.

So to see all that real estate data and more, go to Y charts,

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Welcome to Animal Spirits.

A show about markets, life, and investing.

Join Michael Batnik and Ben Carlson

as they talk about with their reading, writing, and watching.

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