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Tag: art market


Capital, Finance Tech, Liquidity

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

February 25, 2021

Via: CNBC

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]