PHOTO: Gold Coast-based artist Tania Blanchard in her home studio. (Supplied: Tania Blanchard)
Artist Tania Blanchard had just finished building a new home studio when COVID-19 hit and, as the economy plunged into recession, she began to feel nervous.
Key points:
- Auction houses say art sales have doubled since COVID-19 hit
- An increasing number of investors are choosing art over property
- New art gallery HOTA, on the Gold Coast, has welcomed 28,000 visitors in its first month
“I was really worried that I wouldn’t be busy and people wouldn’t be able to afford art,” Ms Blanchard said.
But her concerns were short-lived.
With people spending more time at home, embarking on renovations and unable to book overseas holidays she witnessed a COVID-inspired renaissance.
Cashed-up art lovers opened their pandemic purses and started spending big.
“Suddenly, I just became really busy,” Ms Blanchard said.
“It was a really crazy time.”
Ms Blanchard recorded a significant increase in the number of requests for valuable commissions.
“The commissions that I was doing … most of them were large artwork,” she said.
“People were willing to spend that money.
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