Did our loved one’s invention a tall tale - when they told us that Antiques are a sound investment? In today’s world Antiques are not so sort after as they once were. Here are some reasons why:
1. eBay and the internet have increased supply more than demand. It is much easier to sell an estate, or the contents of your attic, than before. But the upward potential for demand in the market isn’t nearly as significant. Some people say well, I would in fact buy and collect antiques if I could get the right 18th century pieces at 40% their current values, but many more people just aren’t interested at all.
2. Our attitude toward the past may have changed in some fundamental way, with items before a certain date just not existing in most people’s aesthetic universes. It’s a bit like how people collect Elvis memorabilia, or even just treat Elvis as less iconic than they used to.
3. More homes have open-concept, casual living spaces rather than formal dining rooms and studies, which reduces the need for stately mahogany dining tables, chairs and cabinets.
4. The aesthetic of the internet itself has pushed people away from “old and musty”. Just look at the kind of images you see on Instagram.
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