My own home is illuminated almost entirely by low voltage lamps. Probably someone in the past fell for the notion that low voltage means low power consumption.
I replaced all the previous incandescent low voltage lamps with low voltage LEDs with the same fitting. When the caps wear out, which is within a few years, they start flashing. Next time it happens, I'll try removing the caps entirely. I'm not that hopeful, but you never know.
Sylvia.