First article about the House pricing.

[kukurumei]

I remember in FFXI i had to wake up in the middle of the night to water my plants in game to grow my elemental ores in order to afford my Vermillion Cloak and it became a status symbol; there are certain things in an MMO that should be very hard to attain at the beginning until the inevitable nerf. Nevertheless, I agree the prices can come down a bit but I don't have a problem starting high and then let the market dictate decide how much lower prices should come down before people start buying in to gain maximum effect on money sinking as long as the price movements are done quickly. People should realize by now that MMO is a microcosm of the real world, not a distraction or escape from it.

They need to slash a zero off that before it becomes remotely marketable. Right now the it seems the ratio of a 90day later scenario is "we've reach the half way mark".
this is 90 days 360 times max reduction.

Right now the lands are probably the combine gil of an entire city. That means the land is affordable on day 1 if everyone on the server chipped in.

What they should have done is actually reduce the price by 14% (not .14%) every 6hrs, and then slap a "sell out" option. Then introduce more instances based on the initial sales prices and slow the reduction rate accordingly.