Does anyone else think there needs to be a sustained and meaningful correction in the general market?

I feel like there has been an ongoing asset bubble for years.

It may be different for people already in the market, but stocks and housing have gotten so expensive and over inflated, that younger generations can no longer afford to invest in these assets. Some may never be able to afford to buy a home. Their money in the stock market doesn't get as far and income has not grown with inflation.

Does something have to give?