“The young tend to have a higher appetite for risk, in investment speak, and this generation has witnessed an unprecedented rise in art prices, especially in contemporary art, which is the category they are most likely to collect. Artprice.com’s global index of contemporary art states average prices have gone up by 70 per cent in the past decade. The New Circle members are all newbies and face the challenge of plunging into a market when prices for contemporary art are much higher than a few years ago. The young generation has only just started buying art in Hong Kong, and has no intention of stopping.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Comcast unveils 2-gigabit fiber internet service for $300/mo
Radio wave-treated water could change agriculture as we know it
Hacking ring made $100M trading by stealing corporate press releases
Scientists use 3D printer to make tissue-like material
First 50 South African farming families to resettle in Russia due to land confiscation
Federal report: E-Verify errors could wrongly exclude Americans from jobs
US Secret Service seeks Twitter sarcasm detector
Will Migrant Workers Drive Bitcoin's Mundane Future?
125 shopping days left: Retailers start Xmas deals
New California declares "independence" from rest of state
EPA Forces Man to Spend $200K to Expand Lake, Then Doesn't Grant Permit To Do It
Snowden files reveal NSA spied on Brazil and Mexico presidents
Mysterious Louisiana Sinkhole Raises Concerns of Explosions and Radiation
Esteemed son of the south pleads guilty in $90.1m silver Ponzi scheme
China to lay out massive quantum network for information security