The likes on any thread negative about the housing prices compared to those trying (and failing) to defend it in the name of mindless elitism are so overwhelming to be statistically relevant. You really should not need to ask that question.
Housing on most MMORPGs is provided with entry level tiers to allow most to experience the feature, which makes the feature effective at engaging players, which is the ultimate goal of every major featured added to a MMORPG, especially a P2P one. As it is the feature is simply a large load of wasted development resources, as it engages only a part of the population, and most probably not even a big one, which is a bad idea so close to launch, when games are always starved for features and for improving their engagement values to keep people subscribed.
Making large and largely publicized features into a luxury is simply bad design.
