art economy

Art is not economy driven as in all high end items from Hermes birkins to rolls royces to Patek Philippe watches. The crowd who invested in high end things are economically immune to what which constitutes a market driven economy. Thus it is considered an investment in accounting terms and ironically it sits on a higher footing than real estate itself because when an economy slows, property, which is market driven because it cuts through all income groups will experience a market correction just like the share market. Not art.

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