I agree with you - the item limit is brutal (ever decorate a large house...its brutal has twice as many rooms and only 100 more item budget).
Honestly I would like to see more "home wards" added and a effective method to get there - If we cannot do instances and we cannot do limited housing - then we need to expand the supply significantly AND get rid of the bloat.
As it stands I am not wild about the multiple home ownership - but it is how it is.
+ I would like to see more "wards" added in the other zones...like the Ruby sea or Mhor Drona or Iddlyshire; basically any of the non-capital zones should have 1-2 wards; this would expand the ward idea of a living world. These wards would contain only smalls and mediums...no larges.
+ I would also do away with having more then 1 home per account on a DC - As I've said before this means FC's as well.
+ I would make it possible to add "additional chambers" to all houses - private homes would be a exponential cost increase; FCs would remain 300k as it stands...so if you want to make 20 rooms in a FC - go nuts. If you have a FC house you would need to have atleast 4 different player accounts active in the FC for the last 45 days - or the house becomes a private.
+ FC leaders would get large FC leader chambers in their home.
+ Homes can be put onto the market - there is a cap and any purchase of homes would be audited in the first year or so...and enforced - if your found to be engaging in suspicious activity (like trying to trade resources outside the transaction to upsell) you get punished heavily.
+ increase item limit in homes.
That way you add a significant but manageable housing and allow SE to maintain their resources for housing versus the potential runaway nature of instanced housing.
I suspect the biggest issue would be "now everyone wants a large"
Given how much gil I have seen people give away just for RP...I can safetly say the gil supply is broken.