Of course there is "Reality TV".
I have a great idea of a new COPS TV series.
Call it "Buckingham Palace Guard"

No, that isn't a still photo... that's a Live Action Film Clip!!!!!!!! (well, at least I think it is).
There are a few aspects of good fiction, whether it is in print, or film. One is that there must be conflict. The second being some kind of action sequence.
Did the guard move yet?
A happy life may, in fact, be somewhat mundane. Get up, have breakfast, go to work, a few coffee breaks, go home, dinner again, ... etc.
For fiction, one has to mix it up a bit. Perhaps throw in a mugging, or juggling sleeping with a half a dozen people.
The problem is when one assumes the fictional situation is "normal". Families are more harmonious, and happier if the husband isn't sleeping with the secretary, and the soccer mom's aren't picking up the soccer dads. But, TV makes it seem "normal" for everyone to sleep with everyone else. Dramatic yelling & in your face moments, and etc. I agree, there must be a better way to do it.
Some of the car shows are, in fact, a good mix of reality and action. For example Richard Hammond tries out heavy equipment (and drives a tank over a Porsche). Other shows demonstrate building motorcycles from scratch, or restoring classic vehicles.
Could one make a reality vacation show? There are many things that one may do that are fun & interesting, from white-water kayaking to climbing to the top of a somewhat leaning 97m tower in Bologna. But, still, one might just show a few frames of each activity. One has to realize that a lot of life happens between these few select action frames. I suppose that is one of the appeals of shows like Bachelor is that parts of it is like a reality vacation show. But, there is also too much backstabbing and snide comments.
Oh, did the guard blink?