Investors are pouring money into art, and a lot of it is disappearing into storage. We try to find out where the art goes, and why it goes there.
AUDIO REMOVED: The podcast creator has removed the audio for this episode.
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Recommendations
mm recommended:Jun 8th, 2021
Art that's bought but never seen. The dilemma of art investing. Also, I think the guy who was arguing that it's fine for art to be never seen should have used "condos bought for investment are never lived in."
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epekilis recommended:Jun 6th, 2021
Fine art helps us reflect upon our culture and the human condition. Art is wired into the human psyche and created by all cultures through history. It seems so sad that when art becomes extremely valuable, it gets hidden in dark tax-free warehouses. It’s a double edged sword, because I want artists...Show More
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rmmiller364 recommended:Feb 11th, 2020
Where does all the art that gets purchased for investment purposes get stored? Listen to this episode to learn about freeports, giant warehouses that exist in no country where you don’t have to pay any taxes on the art you buy!