*Any time I've asked a local why the densities aren't higher, why a ten story ap...

Any time I've asked a local why the densities aren't higher, why a ten story apartment building is such an anomaly, I get some vague grumbling about earthquakes.

For whatever reason, very few people make the connection between supply, demand, and prices in metro areas, which is a point I wrote a lot more about here: http://jseliger.wordpress.com/2013/04/08/connecting-the-dots... .