Art-House Market Crashes Along with Real House Market

imageSo if the housing market tanks, what happens to the future prospects of meticulous museum emulations of the housing market? They tank too. Sorry, MoMA! This past summer, New York’s Museum of Modern Art was featuring a collection of futuristic pre-fab housing on display as part of “Home Delivery.” After the show closed in late October, the architects who designed homes as part of the exhibition were allowed to sell the homes. A lovable Russian billionaire was in talks to buy all five homes before the market crashed. Now, except for one dwelling, the homes have been sold off for a fraction of their market value or dismantled entirely.

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