EBW: What do you mean by "cheap wood construction?"
Wood construction is economically viable for structures as high as 6 or 7 floors. Higher than that require steel/concrete, much more costly than conventional wood built, and probable would make the development uneconomic.
Well built wooden structures last for many years, often more than a 100 years.
I'll bet your home is wood [[stick built) although it may have a brick exterior.
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