Do you want anything fixed when it breaks? Do you want to actually live in the space? How about paying the majority of your income to deal with a landlord who is essentially just a money-collecting ghost? It's so fun!
If you live in a major city, you know that dealing with loud neighbors, walk up buildings built in the stone age and tiny spaces are already enough of a challenge. On top of settling for a less-than-perfect housing situation, you also usually have to deal with supers, building managers and landlords who refuse to acknowledge your existence as a human other than your money. The system is broken, and so is your fridge (probably).