The domain aftermarket has a big problem
domainnamewire.com
Here's my take:
The domain aftermarket has a big problem... it exists. This market shouldn't ever be allowed to exist in the first place. ICANN should've blocked this bullshit a long time ago and forced registrars to just let domains expire and free the space. Also add a few provisions about unused domain names and about selling them.
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And while we’re at it, so-called “premium” domains are a load of bullshit. My last name .net(which is not a common last name, by the way) is $2795 for the first month, because somebody with a solid gold dildo up their ass decided it should be so.
“premium” domains are usually domains that were registered by someone at some point and then the registrar kept it because some of their automated analysis decided your last name is shared by xyz people and the domain could be valuable.
Wait, is it bad that I purchased rights to 5 domains with my name on them but haven't decided what to do with them yet so they're just empty?
As long as you keep renewing them you should be fine.