I don't think so. Yes "we are all Japan now" rings some truth. But the salary-man dynamics you speak of think are a) somewhat culturally specific b) I expect to

I don't think so. Yes "we are all Japan now" rings some truth. But the salary-man dynamics you speak of think are a) somewhat culturally specific b) I expect to not hold there either. The long term trend is away from ownership to rent (or public goods). Car -> ridsehare (or public transit). Freestanding house -> apartment. Full time -> part time. Firm warehouses -> market clearinghouse (Amazon). Yes, it's a meme that's beaten to death, but it's true. Exclusivity in ownership is simply too inefficient and will be arbitraged away.