All makes sense TB. Property prices have super inflated but in...

All makes sense TB. Property prices have super inflated but in many markets they have softened a lot - in the outer rings around the major capitals, where financial stress is high, in country towns which people flocked to when they moved out of the cities. However, the top end is unstoppable and apartments in cities and inner suburbs are on fire again as people downsize as well as move back into cities. That's not important right now, but even if parts of the market are correcting a little, there are signs already of people getting in early to beat compeititors when interest rates reduce (as they have already) and investors are moving back in too. 1 million extra residents in 10 years and a forecast shortage of 1.2 million houses in the same period.Getting back to stocks - when valuations (ie: SP compared to earnings) are stretched out to the nth degree (Affirm's SP represents a price to earning ratio of 52:1 and it has never made a profit but they say they will one day), would there not be a time that the market says enough? As has always happened throughout history? It will in the property market but it won't in the sharemarket?