[ti:Report: Wealthy Millennials Partly Responsible for Rising Art Prices] [by:www.51voa.com] [00:00.00]更多听力请访问51VOA.COM [00:00.24]Prices for works of art rose in the international art market in 2018. [00:08.56]A report published recently links the rising art prices [00:14.12]to the spending power of young people, namely millennials. [00:21.32]Millennials are defined as individuals born between 1981 and 1996. [00:30.68]Many are just beginning to work in high-paying jobs, [00:34.88]and they are investing some of their money in the art market. [00:41.04]The Swiss-based investment bank UBS [00:45.20]and Clare McAndrew, an art economist, studied wealthy individuals. [00:52.44]They report that millennials were very active last year in the art market, [00:58.28]often using the internet to buy art works. [01:03.00]They also found many millennials were willing [01:06.44]to pay more for art than older individuals. [01:11.52]Millennial art buyers provided support for female artists, [01:16.52]the report noted. [01:19.64]For a generation that might never own a car, [01:23.48]their hunger for buying art is encouraging, [01:27.23]said UBS Group Chief Marketing Officer Johan Jerv?e. [01:34.60]He told the Reuters news agency he believed [01:38.24]millennials' interest in art collecting [01:41.60]may be a sign of the relative safety of art [01:45.32]and collectibles as long-term assets. [01:50.20]Art Basel is one of the world's biggest art dealers. [01:55.56]Every year art collectors from around the world attend its shows [02:00.58]in Basel, Hong Kong and Miami Beach. [02:05.08]The Art Basel and USB report said that sales in the art market [02:11.19]grew 7 percent to $67.4 billion in 2018. [02:20.16]Millennials made up nearly half of the wealthy art buyers [02:24.96]who spent $1 million or more on artwork [02:29.24]over the past two years, the report found. [02:34.20]Yet those millennials make up just a third [02:37.60]of wealthy individuals worldwide. [02:42.04]The study looked at art markets in Britain, [02:45.39]Germany, Japan, Singapore and Hong Kong. [02:50.16]It seemed to suggest that the future of art prices [02:54.40]is secure at a time of political and economic concerns. [03:01.20]The Deloitte accounting service points out [03:04.49]that millennials stand ready to gain wealth over the next few years. [03:10.64]They are about to inherit a lot of money from aging parents. [03:16.24]Their wealth could reach $24 trillion by 2020, Deloitte estimates. [03:25.16]The way millennials spend this money [03:28.17]could really help the online market for art [03:31.52]and the value of secondary works of art, Jerv?e said. [03:37.68]Last year, their spending helped raise the digital art market [03:42.28]to $6 billion in sales. [03:46.68]Between 2016 and 2018, [03:50.28]93 percent of the millennials made purchases online. [03:56.60]Over the three years, millennials spent almost $107,000, on average. [04:04.92]Generation X – those between 38 and 52 years of age [04:11.16]– spent nearly $500,000 but made fewer purchases. [04:18.12]I'm Susan Shand. 更多听力请访问51VOA.COM