Hi everyone

,
I just saw this video from Elloa, where she is briefly also talking about Housing comming next year:
https://www.youtube.com/watch?v=oYujVAi8s7I
Could someone please explain me in more details, what does it mean, that the Housing is going to be "instanced"? ESO is my first MMO and I was not playing Skyrim anymore, when the Housing DLC came out.
I am imagining just very little, that "instanced" means something like not everyone is going to "see" my house and that there is going to be an area, where each player will "find" their house after the buy it, but somehow other players will have their house "on the same spot" without interfering with each other`s house.
But how does it work in more detail? Elloa spoke in that above video about that most probably there will be also Guild halls (bigger mansion-like houses).
How did "instanced housing" work in other MMOs? Will I for example be able to visit my friend in his/her house? Will there be an option to be a neighbour of my friend`s house - be able to choose that my house will be next to someone other`s house ? Will I be able to "see" their house, even if technically their house and my house will be on the same spot of the map?
Any info from your previous experience with instanced housing is appreciated

!!
Edited by altemriel on July 17, 2016 1:39PM