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Submitted by Steven Kaszab

Seemingly long ago people wanted a thing or experience for a reason, a reason so simple it would boggle the mind of our present day generation. Own something to wear, use and or experience. Yup the object was taken out of its wrapper, its original box and played with, experienced and enjoyed. But not so now. At present our society cherishes items and experiences only as a way to make money. 

Re-sell, that is the game. Buy a ticket to the up and coming Celine Dion Tour not to enjoy experiencing this entertainment titan, but to sell the tickets x 5 the price it was bought. The chances of buying such a ticket are very slim indeed, since your competing with multiple A.I. robots purchasing at a speed you cannot keep up with. Thousands of tickets bought at competitive prices only to be sold for extreme profits. Mimi capitalists seem to be everywhere. 

My son experienced such a fiasco in Toronto a day ago. Swatch  was coming out with a new pocket watch. There was a line up two days before the launch in Toronto, New York, Milan and elsewhere. People lined up to buy one product, but many also connived with a control group in line buying a watch for $168.00 each and selling it later for thousand of dollars. What is seen to be unique, well branded can fetch a pretty penny these days. Tweaker’s, users of modern day chemistry and other folk lined up, and often forced their way into Malls in order to get into line first. Fights, arguing and general hooliganism brought these events to a stand still and were cancelled. Mall guards, police and security attempted to bring about a form of controlled chaos to each venue as the world watched. 

Is greed our new Nirvana? Is the game of life based upon the rules set before us? “He who has the most toys win”? What ever happened to the powerful emotional aspects of experiencing something that may never happen again(Cline Concert)? Owning something that will bring joy to you and your loved ones(Cabbage Patch Kids & Furby)? Owning a supreme hockey card of the Great One(Gretzky) or Bobby Hall and not wanting to sell it. 

The re-sell market has taken over social media, the digital field and other forms of communication. Can we not realize that re-selling something is also depleting us of a chance to enjoy, experience life and its magnificence? My wife and I have experienced many of the great entertainers of my generation, and not once did I want to sell a ticket/experience for cold cash. I work had for my money, and re-sellers do not. They prey upon the consumer and the marketplace transforming a system once fair into a predatory torture chamber. Waiting for hours hoping to get a ticket at a fair price. Often undoable. 


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3 responses to “Generational Mental Illness: The Re-Sell Craze”


  1. Nothing new at all.

    For decades real estate entrepreneurs have been buying large numbers of to-be-built houses or apartments, commercial spaces, directly from developers, pre-construction!

    The developer benefited because she would have the number of contracted pre-sales required by banks so as to get construction finance approved.

    The buying entity would have a club of individual “prospective” owners each putting up about 10 percent as a down space, and as held in escrow, protected by the terms of the deal. Terms which required the developer to sell all the other units before that downpayment could to taken, contract closure.

    By then the value of each individual unit would have skyrocketed, most times and ready for re-sale to an end-user, with the original club-buyers having never intended to conclude the transactions at all. Merely to flip!

    Of course, these transactions require a critical selection of skills and readers are therefore discouraged from trying this at home. For the house may be burnt. A flip can go wrong if uninitiated.

    There’s very little that is new in finance, banking. Except the creativity of putting deals together. That is where the real value is. In the case above, all those involved are doing the same kinda flip as breifly explained.

    These are the mistakes made when presenting to write about shiiiite known not.


  2. As a downpayment!


  3. I think the writer is thinking about small things like toys and concert tickets. The little things in life. And the fact that EVERY man jack now seems to want to join in the resale business for every little thing.

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