Right - and I'm not complaining much about xp per se, leveling is pretty easy - with or without both well rested and LE bonuses.
Just kinda takes a bit more away from Home Plate in my mind as a 'real' home for the player, since you can't establish supply lines, can't even build your own craft stations inside so you don't need to constantly go in/out to the market place, and doesn't seem to count as your 'owned' house for well rested purposes.
All my prior playthroughs I did settlements to the max, but on an alternate campaign I just started, I decided was going to just ignore settlements, and use Home Plate only. Due to the noted restrictions, especially crafting, I ended up claiming Hangman Alley just to use as a craft station with no settlers there.