October 1, 2007...7:11 pm
When will the buzz stop….
When will the bubble burst?? There’s so much hype, press and excitement, let alone glamour surrounding the art market right now its hard to know whats hot, whats a good investment and whats just the art of the moment!
Will the troubles with the US dollar effect the current market? Is a pending crash imminent for the art market? who knows? But one thing we do know is that after the last crash in 1989 the art market sustained longer than the financial market by 2 years according to research by Mei Moses index.
So this article was interesting, especially as it was written by the RealEstateJournel.com - The Wall Street Journal guide to property.
Have a read here about the art market hype that can be found on the Internet and the young collectors that are driving the market.
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