A box that comes with hot water and electricity. Yes there must be some status otherwise there would be no beach not covered in mansions. It's a shame all we see of future evolved humanity is on starships though, where the captain's quarters are smaller than an average apartment. Picard's estate doesn't count since that has been in the family through WWIII.
I believe there must be an underclass of creative and/or whacky drop outs who find having everything stifling, just as we have people today who find having everything (which we do) stifling. I want to know what the graffitti looks like in the 24th century on earth. I hope there is still yarn bombing.