They're also usually cheaper per unit than lowrises, where they're built. The location is just great, and the savings on transport adds up to more than building upwards costs, which is why it's economical for residents to buy them, even when there's no view. (Once you looks at supertall and maybe superthin buildings that changes, though)

If disaster resilience is your concern, that's fair, although it's not really a degrowth thing.