Yes, there are asshat legacy players out there. However, there are also other varieties as well.
I'm leading a semi-hardcore raiding FC of about 40 members, and we've been excited for months about the incoming housing addition to the game. But none of us expected these prices at all. A core community of players around this number is a good thing and we would like to keep it around this number, however SE has assumed the net worth of each of my FC members is 7.8 million gil and each of those players is willing to give it all up for land.
Yea, a few of our 1.0 players have 10-15 million, but over half of our playerbase are new to the game and a lot of membership is feeling punished for simply playing on a legacy server with friends and family to enjoy the wonders of ARR. We were expecting a 10-20 million entry-point just for the land, but 312m is f---ing stupid.