Some opinions now here - not everyone is entitled to a house. It's a competitive market and if you miss out, you miss out. If you have alts, you especially aren't entitled to housing for them.

I do think they need a better system to prevent against flipping of houses - perhaps a time limit between purchases and relinquishing of property, to make people be extra careful with purchases and it significantly more difficult for players to try to flip houses. I knew someone who bought and sold 5 small houses in one day - which is wrong on so many levels.

I think they're giving housing enough attention and they need to add new housing in waves rather than all at once to ensure they don't give the servers too much stress. This isn't going to be the end and be all of new housing - buckle up and get one or wait and be patient. Game development isn't as easy as many players think it is. There is a reason they go about things the way they do, they're not trying to be unfair to you.