The point is if interest rates had been 10% rather than in the 20s, the price would have been higher. Your outgoings or cost of ownership could well be similar, but your debt would be higher, and your chance of gain lower.
Painting a house is only maintenance. Trace prices through the years and it's never a straight line. Five years is only the blink of an eye. As I've just posted on another site, a 120 year ride:
https://www.youtube.com/watch?v=kUldGc06S3U
We're due for the final phase of that demo. There's nothing new under the sun.