Just a weird article all the way around. More like obsessing about the price, without any consideration of the use value.
The article does a lot of cherry picking and mixing and matching numbers that are not exactly comparable. The data tables are more telling, and the bottom line is that by the end of the 2nd year, the phones in the comparison will have lost over half of their value.
Yes, the SE loses its value a lot faster within the first few months (for iPhone SE buyers, who's going to sell it less than a year after purchasing?).
By the time each model has been out for a year, the gap is a lot closer.
iPhone SE (2022) -64.4%
iPhone SE (2022) -54.3%
iPhone 14 -42.7%
iPhone 13 -43.4%
And by the end of 18 months
iPhone SE (2022) -64.7%
iPhone SE (2020) -55.2%
iPhone 14 -50%
The whole point of the SE is a low entry price point with long-term compatibility. Using a then-current SoC and cellular modem ensures the long-term compatibility. Reusing a design that dates back to 2014 with older parts across the rest of the device and continuing to operate a long-ago amortized production line keeps the price low and the margins high. The SE is a commodified device that happens to come with what was a current chip inside at the time of introduction.
As someone who owned both a 2020 and 2022 SE, I like that the device stays current in the ways that are necessary, and has everything that I need and nothing that I don't (e.g., highly spec'd camera [I use a detachable lens camera with flash triggers for setup shots], big screen [prefer smaller size for easy pocketability and one-handed operation], or luxury materials on the casing [I've dropped my phone too many times to trust myself with an exposed glass-embalmed titanium case]). Plus, for me the Touch ID home button is a feature, not a bug. Again, that's use value for me, even if it's depreciation for someone else.