How long can the art market boom last?

Historically, the overall trend is upwards, but not for everyone and not always.

How will today’s art stars fare in the future? Major political upheavals or financial problems inevitably have an impact on investment and the art market cannot be immune. Almost all the huge prices are, however, being made as a growing pool of ultra-rich buyers battles for a small number of brand-name works. There is a vast hinterland of good art by creators whose names will never be widely known and whose works will never achieve such heights. The overall trend of the market is upwards, historically, but not for everyone, and not always.

How long can the art market boom last? – FT.com.

 

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