It will at least give us opourtunity to enjoy our own "Bilbo Bagins returning home, just to find out his neighbours and relatives allready looted all his stuff."
Well, starting with empty walls might be justified the way you describe, sure. Pretty good excuse, actually, I like it.
However, we still have characters' backgrounds. There is literally no way that the same house, in the same location can be called home by both Noble and Street Urchin. Off the top of my head, in all DnD CRPGs where I've seen detailed cities (BG2, NWN 1 and 2, PS:T and probably some others) there were separate districts for nobility, or at least citizens was segregated by wealth, status or trade (like in PS:T). A noble will never live anywhere close to plebeians.
Which means Larian ought to create at least 2 different home buildings: one for characters with the Noble background, and another (at least one) for everybody else. Not that they will, I suspect.
