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Debt Bubble: Borrowing Against Art

VISUAL Posted: December 7, 2018 2:01 pm

Borrowing against art poses specific problems because of its portability, its heterogeneous nature and difficulty in establishing a reliable price. And yet, according to a report published last year by Deloitte and ArtTactic, in 2017 the global total of loans outstanding against art was eye-popping: between $17bn and $20bn. – The Art Newspaper

VISUAL Published: 12.06.18

Read the story in The Art Newspaper Published: 12.06.18

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