Those are mostly for sprinters and short distance runners as they are higher impact and use running cleats with less cushion then softer distance running shoes. They’re also more likely to fall in events like hurdles and it’s better to land on that then on concrete. Most of the shock that could be absorbed by those tracks could also be absorbed by good running shoes. Most events above a mile take place on the streets.
The images span is about a mile… I know American fitness standards are low but I think most can walk an eighth of a mile.
Also it’s not housing hundreds of people, as shown in the meme it could house 10s of thousands of it’s not huge lot single family housing, but that’s only if you care about “sound arguments”