Street Art Market Collapse Would See History Repeat

Will you be caught holding the street art bag?

The euphoria, the rush, the excitement… it seemed so unique, so real, so important, so art historical… until it suddenly felt familiar. Too familiar.

When I heard about the investment banker types being led on tours of L.A. MOCA’s Art in the Streets show I wondered: How many rich folks will back a street art gallery to acquire deep inventory and never see their money again? How many investment-industry types will be seduced by the glamour of Street Art hype and think they can corner the market? Will they all actually attempt to apply their stupid market metrics to art? None of them will look beyond the glamour of the MOCA seal of approval and ask whether the history books will really be kind to something so prone to trendiness as all this Johnny Come Lately Street Art junk.

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