“Architecture, more than most arts, requires, and even demands, optimism even in the face of the most severe economic downturns. The Empire State Building began to rise the very moment Wall Street crashed. Depression has not, after a shaky financial start, hindered its rise into the firmament of all-time architectural wonders.”
- Jonathan Glancey, The Architecture of Recession, guardian.co.uk., 6th March 2009
Although historically the value of architecture has risen over long-term periods, there have been periods where this has not been the case. There is no guarantee that the architecture market will continue to rise in the future.
