My old college roommates and I are purchasing a 4 acre lot. A few of us are ready to put down houses now. I feel like this kind of thing is becoming more common

My old college roommates and I are purchasing a 4 acre lot. A few of us are ready to put down houses now. I feel like this kind of thing is becoming more common? I know we weren't the first people with this idea. Land and housing is so expensive that we can't all individually own homes, but if we pool money on land this becomes possible. And doesn't everyone want their friends to be their neighbors? We have to develop alternative strategies to make it through the future.