> it also means the showering process doesn't include "step 0: wait a few minutes for hot water to start coming out of the shower". When you turn on the hot water, you get hot water. It's really soured me on the American system.
The "American System" such as it is, is a byproduct of increasing efficiency. If you buy an old house, built when shower heads were 5GPM, the piping was sized to handle that load. When you switch to 2.5GPM shower heads (mandated as the maximum by federal law in 1994), or lower (1.25GPM is easy to find and what I use) then you've got 4X the amount of water setting in the pipes that needs to be slowly flushed out.
Any competent builders of new homes will minimize the size of hot water pipes to greatly reduce the amount of cold water that needs to be flushed out. Instead of 3/4 or 1/2" pipes, 3/8" or even 1/4" pipes may be adequate for a 1.8GPM (California 2018 maximum) shower, and greatly reduces the amount of cold water standing in the pipes.
The US system of using natural gas (or electric heat pumps) offers about 4X better energy efficiency than smaller resistive electric point-of-use water heaters. In warmers climates (southern US, and much of Asia) the difference can be small. And the centralized US system can be retrofitted easily enough. There are pump systems which can be installed under bathroom sinks where you just push a button and the cold water is pumped through, automatically shutting off when it becomes warm/hot.