Because you know it better? Same reason as for most technical decisions tbh.
Besides that, there are still some points where the MySQL and/or the tooling around it simply performs better than Postgres. Anything to do with replication and big table migrations comes to mind.
You might be able to argue that Postgres' foreign data is a different form of pluggable storage engine. E.g. you can even use a CSV file as a backing store for a table with file_fdw.
Log Structured Merge Trees are superior in write volume and scaling B+ trees higher. LSMs are part of the sauce of Cassandra and (I believe) DynamoDB for horizontal scaling.
RocksDB is a single node very efficient (better than Cassandra's in the 2.x/3.x releases, not sure about now) single node LSM implementation.
Had Oracle stopped investing into MySQL, may be people would have moved on. But they didn't. Just like when people were worried about JAVA, instead we have 15 years of continuous improvement. And that is the same with MySQL. There are lots of features MySQL has as defaults, while postgres simply accept it is not something they want to deal with but leave it to extensions.
I would choose MySQL because I'm more familiar with it and it's good enough for what I need. PostgreSQL might be able to give me better benchmarks but it won't have any meaningful benefit for me the developer or for the user.
Benchmarks are not the reason people choose PostgreSQL over MySQL. I have never even bothered to benchmark the two for any project that could have used either.
Features, better ACID (at least historically) and maybe better standards compliance.
The big one for me is being able to run schema changes in transactions, which makes it easy to roll back a failed migration.
Because it may be good enough. In my case, because I already maintain an instance of MariaDB in production, and I may prefer to share this that maintain another thing
I personally also prefer postgres but I have used mysql in the past as well on and off over the last 20+ years or so. Managed postgres was at some point slightly more expensive in Amazon for some reason. So that's a good reason. If all you need is some simple database, either is fine.
What‘s the point of it, by the way? Why would one start a new project based on MySQL instead of postgres today?