Yes that's the compromise we have had to live with. But some countries like Singapore and China are showing it is actually possible to just solve theft so you don't have to deal with your bike being stolen.

There are places in the US like this as well, but are general smaller / tight knit. I don't know of any high trust dense urban areas.

In Eve online they shoot intruders that come in your corp space to mess things up... and it does make space a lot safer.

not sure the game you want to go with examples

No idea, only played in low sec. There you shoot everyone. So it's kinda "safe" - no surprises, you expect everyone to try to kill you. Maybe except your own militia, and that's not always.

But the rule is good. Can't say I always adhere to it, but used to loose a lot of stuff , and thanks to the rule, many wasn't that expensive.