Re:Why people collect art
by 20180201 on Sunday February 11, 2018 @12:24PM
(#16353570)
certainly seems plausible to me. do you think there's a reason they do this with art more than cars, homes, watches, jewelry? portability?
[ Parent
| on HN ]
Because cars, homes, watches and jewerly don't jump in price as highly as art pieces do. You can't buy some shitty car and sell it for 1 million a few years later. As for selling antique cars and Ferraris and such, those are already expensive to begin with and the margins are low.
But you can artificially inflate some BS artist's work.