Actually Sapience, I can understand why everyone is thinking Overhaul and new system. Since It was a Producers letter announcing it, Kate Paiz.
https://www.lotro.com/en/game/articl...nline%E2%84%A2
[i] Housing – I am extremely pleased to say that this year we will be tackling [b]a major revision to the Housing system[b]. In February and March we will be gathering information about how Housing should change, and then we’ll be releasing revisions to the system in the latter half of the year. We look forward to leveraging our new Player’s Council to help shape and guide the extension of this feature![i]
Sorry Sapience, But your producer in letter does not say update or overhaul. Its,
"a major revision to the Housing system".. I do believe that a Major revision could be considered as something more than just a update.
think the producers letter was posted back in January. Since it has been 8, 9 months since this letter was posted, it is possible turbine, etc. may have changed their minds, but i have not been able to locate any official posts that changes the producer's initial announcement from jan.