Tile flooring has been around since 1100AD and has gained in sales within the last 2 decades due to cosmetic advancements in the manufacturing/finishing process. Compared to hardwood or bamboo, tile tends to wear alot longer then it's "grown" counter-parts.
INVESTMENT: $1-$5 per sqft
Installable below grade
Less susceptible to temperature/moisture
High Janka hardness
Good warranty (5-10 yrs)
Smaller area to replace if damaged
Not entirely scratch resistance
Prone to sun damage/yellowing
Sub floor must be perfectly level
Seams are sometimes viewable
Colder & less sound absorbing
Very popular in the southern states and less porous means it's less susceptible to spills and dirt. Vinyl floors have come along way recently; in some styles, the vinyl etched & printed to resemble hardwood or tile flooring.