This is very cultural. In Spain essentially no one throws dinner parties in the US style. It's rare to invite social acquaintances to one's home. These things are done - but mainly with family. Part of this is cultural and part reflects that homes are too small to fit many people. Most socializing is done outside, at a bar, cafe, restaurant, park, etc.
Same here in Japan
But that's also great, meeting in a restaurant or bar. Or perhaps renting a cabinet space in one. Or just going on a picnic or free outdoor concert together. Doesn't need to be someone's home. I feel a lot of these things have shrunk massively.