Before there was the big problem that it was almost impossible to get M and L plots because they were just sold directly, yes. But it was possible to get a plot at all. All people I know never needed longer than 2 weeks to get a plot. It was just a little bit of observing and being patient on the shild. We saw a lot of keyboars macro auto clickers evertime we camped nearby a plot with someone. But they never got the house. We really wondered about this but it was fine.
Now you have to wait and wait and wait, without your money. You can't do much. You can try to make your entry late. But at least it's just waiting.
I personally like the housing districts we have now. I like to walk arround there and see other people's plots.

Instanced housing is not such a good idea. It will cost SE much resources and many people will be like 'oh yeah I have that house, but I don't do much with it'. But well..., in the end its just a game. And people like different things. That's why I said, these things are just my personal opinion. :3