That is pretty pessimistic. I never lived in a big block of appartments but in 8 flat/building houses. We have thick walls, so flooding and noise isnt really a problem. We know our neighbours, they even take deliveries inside (into the stairway) so they dont get stolen from outsiders. We have a dedicated bike-room downstairs, with a dedicated bikeramp from the outside, every house in the area has this. We have a communal parkinggarage with electric charging-spaces.
The cost of living i cannot really compare, the inability of repairing something or our own (as we are renting) is a negative. The fire risk is something I have never thought about but is a fair point I guess.
Big minus is smoking neighbours
I want to say that living in an european low-/midrise block isn't as bad as said in the comment