Date: Tue, 19 Jun 2007 10:22:02 GMT
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Vermeir & Heiremans at Tokyo Wonder Site Residency

Purpose of the residency:

At the moment we are working on issues related to the financialization of architecture (real estate) and art. We are especially interested in what is called FIRE industry (finance, real estate and insurance), which developed ways to financialize the built environment, in that way making the physical environment 'liquid' and thus easily tradable globally in the form of stocks or derivatives. This process of financialization is currently also developed in context of art. During our research residency at TWS, we would like to continue working on this topic. We hope to be able to focus on specific concerns in Japan and would like to look into the connection between Japan's speculative bubble in the stock market, real estate market and the art market at the end of the eighties. For this we would aim to interview a number of academic researchers on the extent to which these problems have defined present conditions.