It takes longer and costs more, when done right. Plus, the interior walls won't be smooth, that means more materials and labor.
They used to do that where lumber was scarce. Just depends on how hard wood is to come by whether it is cheaper to use brick, but it works well enough. 30k would buy you a lot off interior materials.
Then why is this construction method so popular in Mexico?
Because the bricks are hand-made by children locally, and cost almost nothing. They are slapped together by low IQ peasants with no regard to level or plumb, and interior walls are rarely finished. If, then they are plastered by more low IQ peasants, and the whole thing looks like shit, but in Mexico that is standard.
It's not just Mexico/Latin America, but also southern Europe Spain/Portugal/France/Italy all use more bricks than wood.
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