Not really, Housing was implemented for FCs only in 2.1. There were 3 districts and 12 wards so space for 1080 FCs in the early days of the game and, afaik, there was more than enough for that purpose so that every FC could get one.
It was later updated to include personal use in patch 2.38 and Yoshi-P has been
apologising for the lack of availability since that day.
The system could be prestigious if it were something you actually earn, but right now there's nothing "prestigious" about owning a house in FFXIV because those that do
just got lucky. If people with plots think that makes them admirable then the actual word for that would be pretentious.