Despite the all caps, your objections still don't make that much sense.
> You're ignoring material waste. This process doesn't consume 100% of the tree; only a portion of the tree's carbon is sequestered into the building. The rest is rotting.
It's ply. Apart from the root system, it's quite close to 100% indeed.
> Trees are renewable, but it's not quite "copy&paste". Further, the harvesting of the trees was certain to be carbon intensive.
Tree harvesting is pretty much fine. Transport is what pollutes the most here.
The new growing trees are carbon sinks. It's not a question of renewability. It's just that you used to have CO2 in the air and now it's a house. Processing will mostly use electricity so it depends of how your local electricity is produced of course.
> They are VERY FAR from crossing the neutral line
They are probably not very far. It's not an heavily mechanised project. Assembly is mostly done by hand. Considering the amount they sequester, being neutral is not that far fetched.