If you restrict permissions on the home directory, it isn't possible to have a folder _inside_ that is accessible by other users. This is the way Unix permissions work. This is why the home folder is readable by other users by default on OS X, so the "Shared" folder is accessible.
If you restrict permissions on the home directory, it isn't possible to have a folder _inside_ that is accessible by other users. This is the way Unix permissions work. This is why the home folder is readable by other users by default on OS X, so the "Shared" folder is accessible.