London’s Painting Boom

Contemporary painting is hot in London right now. “The popularity of painting often coincides with boom periods of art buying – the last time people spoke of painting as being “big”, for instance, was during the 1980s. New collectors, in particular, attracted to a buoyant art market, tend to go for paintings. Their ease of display, combined with their historical legacy and their aura of originality and uniqueness, means that paintings are unrivalled not as works of art, but as commodities. Perhaps the best way to view the current status of painting, then, is not so much as an artistic phenomenon, but as an economic one.”