I live in Europe and decided to buy an apartment from a building that has been constructed in 1936. Brick walls are about 2ft thick, no issues with the neighbor noise. Still happy with my choice.
I think it's the same everywhere. Construction companies optimize everything to make more profit. Hundred years ago, at least here, apartment buildings were constructed mainly by people that had become wealthy. They directly hired builders and monitored the quality. Many times reserved the biggest apartment for themselves.