Housing plots need rent. Sound horrible? Consider these facts:

[GenJoe]

There is no way im paying 250,000g - 500,000g a month just to keep my small plot of land + house you are absurd

Mmhm, which would mean another open plot for people to buy once you give it up

What they should do is create an entirely new plot for renters and leave us who paid outright for our homes alone. Let alone how you think new players could afford this ridiculous high price.

New and old doesn't matter in terms of purchasing power, it's up to the individual. There are plenty of new players that can afford housing, but can't because all the plots are taken up by people who made a few million gil back in the day and just let the house sit without doing anything with it.

I understand that upkeep will alienate part of the playerbase, but that's the entire premise of the idea, alienate part of the player base that don't care enough to make the extra rent, then it will free up houses.. Couple that with letting people trade houses, it will give home ownership a much needed rotation rather than being stale and owned by the same people forever until SE adds new wards, then a few more people will join the ranks but the idea will still be the same, only a minority of the playerbase who happened to buy the house in time will get to keep it forever and majority of the players don't even have a chance to ever get one.

Ideal solution would be to add more wards, but SE has shown us again and again that they're not capable of just doubling and tripling wards whenever there's demand.
Seriously, 250k or 500k gil sounds like a lot but that's price of a couple of good tier IV materia.