London Art Market is Flourishing | 6 Indicators

London is a key place to connect with collectors, especially those based in the Middle East.
Many blue-chip galleries are expanding opening their first, second, or third spaces in London.
The market is experiencing a “flight to quality,” according to Harry Blain of aforementioned Blain Southern.
Also according to Blain, there is little speculation in the market right now.
A bad economy means low interest rates.
There have been few gallery closures in London in the last few years, unlike New York circa 2009.

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