It's bad, but it's not THAT bad. You're not making mountains out of moleshills, but you're making Rockies out of Smokies. I know several players who lost a lot of stuff, and I also know several who lost nothing. Most people I know lost a few things and got them back when the script was run, which is my own experience as well. My main and all my alts still have the original free chest I was given when I opened each house. Yes, the situation is bad, but don't exaggerate.
Im not talking about items lost from chests.
Everyone lost something.
Some people lost fortunes, some people lost pocket change.
However, everyone was wronged no matter what degree of loss was incurred.
You're from Govinda.
You may have heard stuff, you may have friends who play there who you get 2nd hand info from, but im willing to bet a house chest you have no first hand experience of what Osha and Indigo have been through.