Granted it has advantages, but frame construction has come a long way over the years and can, when properly built, withstand winds of 120mph.
And as said the roof can go as well as the windows, so the walls may be there but the house still needs a rebuild.
Also there is still a risk albeit less for termites, the roof and other interior uses of wood.
But overall I read that the insulating properties because of the use of insulation is better in fame built home.
Also design flexibility is limited in concrete.
Difficulty with Wiring and Plumbing in concrete
Usually the cost is higher I think.
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