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thegreatbelow
I agree. We've seen massive, long term asset price inflation across a very wide range of asset markets.
Despite what we hear about cost of living crisis, etc, the rich, who buy most of these assets, have more money than ever, and want places to invest it, so they buy more assets. I don't see that changing any time soon, certainly there's no sign of any government policies to change it, so I expect asset prices to continue to rise.
Gary Stevenson was very good on this, he correctly predicted that covid would not crash house prices when most people expected it would.
There will still be volatility, and short term crashes, but I expect the longer term trends to be upwards, because there is so much money around looking for a place to go.