I do not agree. Beauty is a necessary prerequisite for a healthy and prosperous life and by extension society. Rich or poor.
It's Maslow's hierarchy of needs.
Beauty as an ideal should only be aspired to once the basics have been solved, which is adequate and liveable housing provision.
I view anyone who inverts this order with deep suspicion, and even cynicism. The needs they're catering to certainly aren't those of the people that have to live in these places. Especially in a modern context where an appeal to form is often weaponized by anti-housing activists, and where form is typically more than adequate but function and availability is not.