Art Collecting for Beginners: The California Report

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« Full episode for March 2-4, 2007

Art Collecting for Beginners

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Southern California is becoming a major hub in the international art market. Some in the art world credit the real estate market -- new houses need new art. And many new homeowners are using cash from home equity loans to buy some of that artwork. Other art watchers say record-breaking auctions make art collecting look exciting and glamorous to people of modest means. Reporter: Adolfo Guzman Lopez

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