Who'd think that a proof-of-concept doesn't yet compete with existing solutions?
>I suspect the reason this is popular is more because they are aesthetically pleasing
We are talking about places people can live in. Aesthetics matter.
The ability to produce something aesthetically pleasing on the cheap and at scale matters.
There is a reason Soviet architecture is the butt of so many jokes. They were rapidly building post-war, with the idea that those buildings will be replaced in two decades.
Many of those buildings are still there.