I’ve bought plenty of games that turned out to be dogshit, and the only solace they’ve provided is the ability to recoup some of the money by selling or trading the games. The physical games I do own are carefully curated, and I can still play all of them. I don’t want to be put in a position where I can’t get my money back AND I’m stuck with some shitty Hogwarts game.

You aren’t off-base, you just aren’t taking Sony’s, Nintendo’s, Microsoft’s tendencies to say “You don’t own that game you bought anymore” into account. Games are way too expensive to be able to brush off the full price of a game that you have every reason to be able to go back to after years of not playing them. Don’t put your trust in companies, especially after decades of eroding consumer trust.

Steam doesn’t do this (anywhere nearly as often). The lesson you should be getting from this new game sales trajectory is that if buying isn’t owning, then piracy isn’t theft. Don’t reward companies for clawing back any benefits you have of buying something. All you’re doing is ceding ground that you won’t get back.