Cribs

So I see people spend crazy money on cribs and only use it as a junk holder. I don't get the concept of spending 400+ on a crib and the bedding just to hold clothes or other baby junk. Does anybody else see this being done. With my kids I have used playpens right next to my bed and spent 200 on them and they damn well slept in them then boom can get rid of it easily when no longer needed. Do you feel like it worth it to buy a crib ? And if you'd like to comment your experience to give ideas on what you did or do or are planning to do. 

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