Young collectors are fuelling a boom in Basquiat-backed loans

Buying art can be a nerve-racking experience. But investors have long been able to console themselves with the thought that, if their purchase plummets in value, they will at least have something nice on their wall. Now they can also console themselves that they will have something to borrow against.

This article appeared in the Finance & economics section of the print edition under the headline “Banking on Basquiat”

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