I think your “Point” is that, “Everything is fine, folks. No downturn here.”
Anyone who purchased in the 90s and did not make a bunch of money is either an idiot who paid WAYYYY too much or the unluckiest guy in SD who somehow mananaged to find the one property or area that didn’t double.
Your examples so far have been not furthered the RE discussion in any way. Are there a few people still getting top dollar? Yep. Are there lots of people with lots of equity? Yep. Are these people going to be able to stop the snowball from rolling downhill? Nope.
