This will be a bit of a tricky situation.
The Housing Mafians are directly working with the Market Board Mafians that control most of the prices on the market board across the US Servers (I'm not sure of the JP and EURO servers), I remember a time when mounts were not so ridiculously expensive as one example.
If you were to cut off the head of the Hydra then yes it will get the Housing Market much more stable, but then you have to contend with thousands+ more workshops causing much more inflow of gil into the Market board. The Market Board Mafians will try to even maximize more profit and raise the prices on everything much more higher as revenge against you all for fragmenting their FC Empires and purely of out absolute greed.
I know these Empire FCs have been laughing at players for years now for daring to step up against them, and also knowing the Developers have not done much to remedy the problem. They're taking advantage of the situation before things could turn around against them.
My other concern is if these Empire FCs could be linked to things outside of the game doing very suspicious activities.
My solution combined with yours:
Yes lets separate the Workshops, but with some additional tweaks:
Make Housing as Instance like other MMOs.
Rework how mounts are obtained; no longer through the market board but rather through other means that is player friendly. This will financially bankrupt some of the FC Empires that rely on that particular market and bring the cost of gil down across the board because they would not be able to justify raising prices on other items that are much easier to obtain compared to mounts.
Do the same for the Minions as well (I've seen those prices, and its asinine).
By removing the hardest to get items out of the equation and into Player Friendly alternatives you deny the FC Empires & Market Mafians their gil and power, and yes I understand this can hurt the little guys but we gotta think of the bigger picture.
I could say completely re-work the Market Board, but idk what you can possibly do with that for the moment.


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