I certainly would not give you an argument, when you state you are a simpleton. I am impressed with an individual who is willing to take self deprecation to that level on a public forum.
You certainly understand the simple law of supply and demand. Again, you have no argument from me on that.
However, the more ambiguous law of straight forward, open and honest business ethics seems to have you a little confused.
A thought to consider..
You are spending several hundred thousand dollars on your future home. You no doubt want to get the best value for your money and personal choice has put you in the position of buying from this builder.
This builder could have easily offered at the time of your signing your purchase agreement and your putting deposits down, the parking spot AND the locker. That is the time you normally have the opportunity to buy these things from any reputable builder in this city who would sell you a condo unit. The locker and parking spot is a part of your future home!
Your attitude that the builder should have the absolute right to extract from you for as much money as he possibly can is ..unusual.
I can only imagine how this builder must fantasize about pulling in to the their sales office, many more understanding 'reasonable' purchasers like yourself.
First off, i'd like to begin by commenting that i am saddened by the fact that people like you have lost their sense of humbleness. It is usually the self proclaimed "intelligent" people, as you seem to suggest you are, that are the...well...lets just say the un-intelligent ones.
Back to my point. Youve posted about 5 or 6 posts back that maybe the developer should have been "...sell lockers to buyers back in 2006 (at 2006 prices) with a clause such as lockers are limited and on first served or lottery basis. Those that lost out would be refunded their deposits on a locker. Simple enough, and up front that way, I would think."
Allow me to say that i have yet to hear a worse idea. How would you feel if you bought in 2006, and youre in this lottery, where you have already paid for a locker, and lose out to someone who purchased last week? You just had about 5K locked in for almost 4 years for no reason! could have used it for something else in the meanwhile...Is that fair?
Am I a fan of the way it is done? No! But i am well versed enough in business to know not to fault a company who is trying to maximize profits by selling an item that is in high demand. As much as most of you hate to admit it, and i do as well, this makes business sense. So please see it for what it is. Fact is, if you got on the waiting list in 2005 or 2006 you are highly likely to receive a locker. Yes, you may pay an additional $1000 for it, but if you bought so far back are you really complaining about $1000? You have made a significant amount of money on your purchase and im sure youre not complaining about that Granny.
almost every developer in the city sells lockers to the first purchasers who come through their doors, and quickly sell out. The way Cresford does it is pretty well the same, except instead of paying for the locker when you first purchased your unit, you pay for it at the end at a (potentially) slightly higher price. This makes business sense due to the demand. I hate to be the one breaking to you that each item you have ever bought is priced based on how badly other people want the same item. Take for example 1 bloor east (before it got canned ofcourse). The day they released their units for sale, they sold units starting at 300K. Once they saw the demand, they have raised the prices to 500K for the same unit. 200K difference in one day!!! I know that for a fact cause i was in line
. Now tell me, at the time that project was so hyped, how can you fault that developer for trying to maximize their margins if their project was in such high demand? Welcome to the real world son. you may be a bit over your head