The latest UBS Global Real Estate Bubble Index points to Hong Kong, Munich and Toronto as the global housing markets most at risk for a significant correction.
Like others, the head of Citi Private Bank Art Advisory and Finance is skeptical that Sotheby’s or the buyer didn’t anticipate the piece would self-destruct.
Is it worth taking an undue risk to save a few bucks?
All it takes to see it is a long look in the mirror.
Cautionary examples why the appraisal requirements should be taken seriously.
