I agree that we're incredibly overdue for regulations in these areas. Since the mid 90s it's been deregulation, privitization, deregulation, privitization. A healthy capitalistic society can only survive with regulations which govern how absolutely atrocious capitalists can be. If they could sell you rat poison as food to make a dollar, they certainly would. My guess is that these kind of apartment complexes are probably better in less city-centric areas where the construction is newer. Unfortunately all I see going up around here is wood-frame apartment complexes, and they are clearly inferior to block/prefab concrete.