Why is this not the solution?

[Ardox]

Lets assume for a moment that instanced housing will never happen. All we'll ever have is the ward system, and a limited number of houses for a much larger playerbase.

Houses' primary function aside from being a feature of the game is to serve as a gil sink, to combat inflation. So why aren't we using a bidding system when a house goes up on the market?

New house goes up for 3M gil. Great, put in your bid. Someone else has 12 hours to put in a bid of 3.3M in order to get the house. If they do, the next bid is 3.63M. Bids are always 110% of the current offer to prevent any auction from being dragged out forever. If no one beats your bid for 12 hours, then you get the house.

Yeah, its not a perfect system, but its better than standing there clicking for 24 hours, or for it being totally random who gets the house. Plus, it removes more gil, and that keeps market prices lower for everyone.

It won't work; you'll quickly see the rise of bidding bots who would stand in front of the plot you want and outbid you 1 gil at a time