Other than that, getting anywhere using transit worked great; but the Shinkansen is a very small piece of the puzzle.
Public infrastructure of all sorts, quality, quantity, and affordability of housing, healthcare, and handling the social issues of the less fortunate are all different facets of larger issues in the US. Addressing them properly requires a comprehensive, national-scope of effort (but with local tweaks), approach that would eliminate or consolidate the right parts of red tape, incentivize desired results across large geographic regions. It would need to steamroller over entrenched local politicians, NIMBY housing owners who want a magic wand to freeze time at the highlight of their lives (cost to anyone else be ignored), and transcend both gerrymandered political areas and voters with too little time, education, and wisdom to start on the enlightened path.
However, it is also about culture. The American Dream, one of prosperity for all, is at odds with the other american dream, "making it big". A pipedream usually enabled mostly by having the right social connections thanks to rich parents and a private safety net that allows taking big risks until one pays off.
Building CHSR alone will price out people who live close enough to train stations, but without all the supporting infrastructure it is very unlikely to actually do anything for the housing crisis.
You'd think CHSR proponents would've noticed that comparison with Japan makes little sense not even because of density, but because Japan already (and had when they started building the Shinkansen) an extensive local rail and other transit network -- you can actually get to the train and get to where you actually want to go from the train.