Art Is The New Real Estate: Banksy’s £208,100 Wall

Art Is The New Real Estate: Banksy’s £208,100 Wall
Luxury

The painting is on a wall on the side of a media production firm's base in Portobello Road in west London and will cost $5,000 to remove.... Slightly reminded us of a previous PSFK thought piece on how the creative class is looking at art as investment as real estate is no longer available (or even stable enough).

Piers Fawkes, PSFK
  • 15 january 2008

News that a wall that Banksy painted has apparently sold for £208,100 on eBay. The painting is on a wall on the side of a media production firm’s base in Portobello Road in west London and will cost $5,000 to remove. We wonder what the artist thinks about someone selling art that was supposed to be so temporary and non-ownable?

Access this article for free
Fill in your email below and you'll gain access to this article while also receiving a number of membership features as part of a special 30-day trial.
*Already a member? Log in here

Learn About Our Membership Services

Need Research Help?
As a member you can ask us any research questions and get complimentary research assistance with a 4-day turnaround. Reports inclde stats, quotes, and best-inclass examples on research topics.
Remain Informed & Strategic
We publish several trends reports each month. By becoming a member you will have access to over 100 existing reports, plus a growing catalog of deep topical analysis and debrief-style reports so you always remain in the know.
See Trends Come To Life
Meet your peers and immerse yourself in monthly trend and innovation webinars and discounted conferences.
No search results found.