Work by K-Guy. Photo by K-Guy

Everybody’s been talking about how the recession is going to destroy every part of our economy, and yeah, it probably will, but it’s not all bad new… street art might actually get a boost in the long run thanks to this economic downturn.

Here are three possible advantages for street art in this recession:

1. The not very talented artists who have found their way into galleries are going to be put in their place.
So many people have been buying street art either for the name of the artist, or just because it is street art. This year, some collectors are concerned that even great artists won’t sell much work. People have stopped buying for name or genre recognition. Collectors are buying those “special pieces” that they feel are particularly great. At the end of this recession, there are going to be a lot fewer crap street artists because their work  is going to stop selling. Nobody wants to buy a piece any more just because the Sotheby’s catalog describes it as “stencil and spray paint on found wood.” Read the rest of this article »