B'coz we get so much as out of box feature in the new platform instead of using Visual Studio, C# etc for developing web based applications. Here also we may still need Visual Studio for many applications, but not to begin with. Building on this platform is cheaper, faster, less error prone and delivers more consistent user experience. So it doesn’t make sense to build a new application if platform provides all the stuff we need to develop the applications.
What we get as out of the box functionalities?
• Advanced document management
• Workflow
• Records
• Web content management
• Connection to get backend systems with BDC
• Collaborative spaces
• Search Centre
• Dash boards
• Excel services
• Forms Dev Environment
Vinay Chavadi's Blog on Application Development in SharePoint 2010/2013/2016 & SharePoint Online
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Very interesting
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