the house built of stone lasts longer than---built of wood.

that=the house,指代上文提到的同类事物
注意 that在这里是特指木头造的房子
one常常是泛指
例如the whether in beijing is hotter than that in shanghai.为了让避免重复
你可以理解为背北京的天气比上海那儿的热.