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I’d guess that regulations for earthquake safety make tall buildings very expensive to build. The only way it makes financial sense to build them is to put them in the most expensive areas and load the units with luxury finishes to increase profit. It’s far more common to see 5 over 1s, and yes there is a lot of resistance to even those.
Be careful, I logged out for too long and forgot my password and they wanted a copy of my driver’s license before letting me have access to my account.