How often you expect to reconfigure is a huge factor. Drop ceilings make complete sense in many commercial buildings, where access to change/move cables and whatnot probably happens every year. For residences, that sort of work happens a lot less frequently.

You can also get away with ugly ceilings more easily when they are higher. A drop ceiling 8 feet or less from the floor is an eyesore. At 12 feet up it’s a lot less noticeable. Of course if you have very high ceilings you can often just leave them uncovered and have a more industrial aesthetic. You have to be more intentional about routing all the utilities then.