Excluding one popularized story where a guild/couple own 30 houses, I think you overestimate how many players own more than 2 houses. And the only reason the people who bought up 30 houses could buy up 30 houses was they were on a dead server. It takes about 295 million gil just to buy the properties, 3 accounts to own the houses and maybe 1-2 months just to grind 28 FCs to rank 6 (as I don't think jump potions were available at the time they initially bought the houses).
Think of the time it took to earn 295 million gil, level 28 FCs to rank 6, and all during this time someone random could have showed up and bought any of those properties. Instead no one ever showed up during their whole execution of the land grabs.
months had to have gone by where no one was interested in any of the properties.

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