The idea that the dynamical properties of quantum systems are invariably relative to other systems has recently regained currency. Using Relational Quantum Mechanics (RQM) for a case study, this paper calls attention to a question that has been underappreciated in the debate about quantum relativism: the question of whether relativity iterates. Are there absolute facts about the properties one system possesses relative to a specified reference, or is this again a relative matter, and so on? It is argued that RQM (...) (in its best-known form) is committed to what I call the Unrestricted Iteration Principle (UIP), and thus to an infinite regress of relativisations. This principle plays a crucial role in ensuring the communicability and coherence of interaction outcomes across observers. It is, however, shown to be incompatible with the widespread, conservative reading of RQM in terms of relations, instead necessitating the adoption of the more unorthodox notion of perspectival facts. I conclude with some reflections on the current state of play in perspectivist versions of RQM and quantum relativism more generally, underscoring both the need for further conceptual development and the importance of the iteration principle for an accurate cost-benefit analysis of such interpretations. (shrink)