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

Retrieved on: 2021-02-25 13:05:55

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The wealthy are borrowing billions against their art collections and lenders are reselling the debt. View article details on hiswai:

Excerpt

The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.

Article found on: www.cnbc.com