That’s a West Coast thing to some extent. I remember seeing some condos in Chula-Vista that weren’t horrible, just ugly, but the other people at the open house complained to no end about minor things. Whereas on the East Coast, people are used to old houses and don’t expect perfection when buying. Having to repaint and replace some cabinets, zOMG, the horror!
(And speaking for myself, I’d rather have original 1920s details if possible than live in a crappy renovation, though my current apartment was pretty much the latter.)