I agree, I've lived in such apartments and hated them. However, you will notice that such buildings are usually 50+ years old and barely maintained. The reason for this is the cost to create new ones is absurdly high due to planning restrictions at the city level. Any attempts to make modern and more livable structures are thwarted by local opposition.
Also, the lack of competition in the MFD housing market means that landlords can barely maintain them and people will not have other options. This is why it often costs $2k+/month to live in apartments that look like they may collapse at any moment.
However, if you can afford to live in a single family house I would say "Wonderful! Please do!"
