This is simple untrue. There is many, many YouTube videos explaining how to achieve wok hei (鑊氣) at home with a non-commercial gas-fired stove and a cheap wok.
I know very little about Asian cooking of any kind, but I seem to remember being told that wok hei produces enough smoke to be extremely unpleasant to have inside a residential building - to the point that even when people do want to use wok hei at home they would choose to have a setup in the garden rather than the kitchen.
If my memory/understanding is not wrong, then that adds to the idea that people won't achieve wok hei on their stove even if the reason is not wanting its side effects rather than being technically impossible.
> wok hei produces enough smoke to be extremely unpleasant to have inside a residential building
Not true. Find some videos on YouTube about wok hei. Yes, you need to choose an oil with a high smoke point (not olive oil). With a bit of practice, you can do it in your sleep and enjoy delicious stir fry.
For any readers unfamiliar with the stir frying technique called wok hei, read more here: https://en.wikipedia.org/wiki/Wok#Cooking