In earthquake country, by the time you finish paying for the engineering and meeting the shear and tiedown requirements, you'll wish you'd stick built, because you'll spend more.
““Perhaps then, you will say, ‘But where can one have a boat like that built today?’ And I will tell you that there are still some honest men who can sharpen a saw, plane, or adze...men (who) live and work in out of the way places, but that is lucky, for they can acquire materials for one third of city prices. Best, some of these gentlemen’s boatshops are in places where nothing but the occasional honk of a wild goose will distract them from their work.” -- L Francis Herreshoff