Re: Bit dubious about this arguement.
Vinyl siding is cladding that looks like either grooved asbestos shingles, or clapboards that snaps over the wood.
The benefits are, it can come pre-colored so no more painting and of course doesn't get eaten by termites or rot (older brands do get the UV breakdown, but the newer stuff is pretty good resisting that now..)
Really cheap housing tracts built by fly-by-night builders often go with vinyl right over the strandboard siding and of course that shit is utter crap.
Anecdotally, my sister is an architect and was on a renovation project in a neighborhood outside of Washington DC a few decades ago, the ENTIRE neighborhood was built with strandboard exterior walls with spray-on vinyl 'brickface' that was scored and tinted to look like the real thing.. only the vinyl was applied directly to the strandboard w/o it being properly primed/treated (fly-by-nighters, man, get you EVERY time..) and the vinyl delaminated and let water in. Lo and behold the cement used to bind the strandboard (basically it's pressed wood chips) was corn-based and became mold bombs as the wood rotted under the vinyl brickface. THOSE houses you literally could cut through the vinyl with a box cutter and into them between the wall studs. HUGE lawsuits against the builder IIRC.
You'll see lots of vinyl cladding in the Northeast US on older homes because it does a bang up job protecting the clapboards already on..