This doesn't hold up for me in Japan. My apartment is in a building that's 10 years old now, and I've been here since it was new. Japan famously builds for a 20-ish-year depreciation schedule, although buildings like mine often stay in operation for 40 or more years. The build quality is honestly through the roof. Even the materials that are "builder quality" like unit kitchen and bath or veneer floors are still built to last, with minimal maintenance, and maximum convenience. As for the neighbors, they're mostly passing strangers. A few of them are busy bodies who love to force management to post "reminder" letters on the bulletin board. In other words, typical ultra-passive-aggressive-obsessive types. But most people that I encounter are delightful, and everyone just stays out of each other's way. Building maintenance is an old lady who tried to retire, and the building residents literally demanded that she un-retire and come back. This building is absolutely spotless and everything is ship-shape at all times. Most people own their units. I rent from the owner. In the time since I've lived here, I've bought multiple other properties, but I remain here because it's so damn easy and great.