Thinking this game is a bad investment

[Ashkendor]

But after this housing thing I feel like this may just be an identical investment to WoW, being that there really don't seem to be anymore longterm achievements, and even worse, I basically have to commit to this game indefinitely if I want to enjoy the ultimate reward (what I consider to be the ultimate reward) in the game (having a house). I feel like its inevitable that I just won't be able to play at one point, or I just won't want too sometime within the next 10 years.

After a quick glance at your Lodestone, you have tons and tons of content still open to you and you're saying there's no long term goals? I have to say I really don't understand how you're coming up with that just based on the housing purge. I agree that the current housing system isn't very good and that mistakes have been made (mostly combining FC and personal housing), but it's what they have to work with. Slapping new wards up every time the old ones fill is no more a permanent fix than purging the inactive housing, because they will eventually run out of resources. The thing is, I can't see them completely scrapping the system and starting over at this point, so we'll just have to wait and see what kind of plans they have to fix the issue. Constructively suggesting changes is good; some of those changes may even be implemented, but that's going to take time. Shouting doom from the rooftops without offering any alternatives doesn't help anyone, though.

Either way, what they're doing here is freeing up all the space they can while they work further on it. It was never meant to solve the problem in its entirety, but idle housing doesn't help anyone so they're getting rid of it. If even a few people that have been waiting months now can get their FC a home, then purging inactive properties has ultimately served the purpose that they meant it to serve.

With things looking how they are, SE doesn't look like it has any intention of fixing this problem, or they simply lack the capability to do so. Either way, I will never be able to enjoy the final reward without literally committing to the game forever.

You're really quick to dismiss the fact that this has always been billed as the first step of their plan for housing.

If you want to quit over the housing, then that's your prerogative. Honestly, it's not exactly a hugely important part of the game. Most of what's available there is cosmetic. That's not to say it's not enjoyable, but it's definitely not required to play the game.