The top of the phone’s bezel contains a camera, and the bottom doesn’t. Why do you want a larger chin with wasted space? The pixel 1’s chin always bothered me for that reason.
Either you make a phone clearly asymmetric (eg new iPhone X) or clearly symmetric. The new Pixel tries to have a symmetric design but fails slighlty (top and bottom bezel have similar heights and form language but are still asymmetric).