It's a false equivalence, light-wood framing is typically used in single-family homes or shorter (<5 stories) multi-family homes. Steel and concrete is typical

It's a false equivalence, light-wood framing is typically used in single-family homes or shorter (<5 stories) multi-family homes. Steel and concrete is typically used for 10-20 story multifamily housing. Mass timber is being pushed by the timber manufacturers as an alternative to steel and concrete, no one's seriously proposing you build your 2-story 2500 sqft home out of laminated beams instead of studs, trusses, and joists.