My parents built a house in 1987 with a wood basement. It was a fairly new concept in the northern USA at that time. It’s been fine and they’ve never had the slightest problem with water issues. Ask about warranty, my parents got a 50 year warranty on theirs.
A lot of people label things as “bad” just because they are new. There was lots of bad mouthing of PEX plastic plumbing when it really started coming on the scene here in the USA, but what a lot of those guys didn’t realize was that PEX had been in use in Europe and Asia for decades. Nowadays you hardly see anyone using anything but PEX unless its a repair job where CU still makes sense.
Any material that is poorly installed will produce problems, so that’s no reason to choose one material over the other. Keep in mind that concrete is not waterproof on its own either, it’s porous and water will eventually seep through which is why older concrete basements are always damp.
Both concrete and wood need to be treated/coated/etc to make them waterproof and having a dry basement is a lot more about the measures taken to keep water from getting to the walls in the first place than it is about the wall material.
With the number of steps that quality builders use now to prep the basement on the outside and inside with coatings, drainage tile, etc I wouldn’t hesitate to go wood on a house I built.
Grouse