The underlying economic principle of "private property" is that it gives the owner/occupant a true stake in developing something, creating something, building something, selling something, etc. . . . and that this has always provided the best climate for long-term growth and stability.
Someone who lives on a working farm, lives upstairs from a retail store, or runs a business out of his/her basement is truly a "private property owner" in every sense of the word.
Someone who lives in a suburban home and works in a city 10 miles away may have his/her name on a property title, but the reality is that in the larger economic context, this suburb is not all that much different than an apartment complex or a company-owned town.
That's a real stretch.
I think if the gubmint ever came to a commuting suburbanite's door and tried to take his property, he'd fight just as hard as one of those people who make their living from their home.
Oh wait - we saw that with Kelo and other instances - people all over the country are fighting the eminent domain issue. Seems a lot of people are attached to the property they own, whether it's just their home or it's their business.
Your thought doesn't hold water.