Amy Wolff Sorteris a contributor to Real Estate Southern California,from which this article was excerpted.
Southern California is, on paper, the last place one might findresidential high rises. Given the area's proximity to the SanAndreas fault and its longstanding history of earthquakes, manyhigh rises can come tumbling down like a house of cards.Additionally, high-rise residences are not exactly cheapliving.
Such matters haven't deterred high-rise developers or investors,however. Building codes ensure safety, they point out. And agrowing demand for luxury high-rise residences--especially ininfill and urban areas--are spurring developers to meet thatdemand, despite mounting construction costs and nichedemographics.
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