For Prospect.1, which Superflex present a new work titled WHEN THE LEVEES BROKE, WE BOUGHT OUR HOUSE. Using a real-life incident involving friends of theirs, the subtext of the work is the impact that the post-Katrina flooding in New Orleans had on the world economy. Anticipating a slow down in the housing market as a result of thecatastrophe, Danish banks briefly dropped their interest rates for new mortgages, enabling the friends of Superflex to purchase a house in Denmark at a lower cost.
Their work, a photograph is on display at the Lower 9th Ward Village in New Orleans, priced $20.000, equivalent to the amount that the couple saved. When sold, the money paid for the photograph will go towards purchasing construction materials ( such as plywood, lumber, roofing felt, paint, etc.) which will be displayed within the outlined area in the exhibition space. The materials will then be distributed by the Lower 9th Ward Village to families in the Neighborhood.
If you are in the area you should check out Prospect 1.5 New Orleans which lasts
Nov. 6th 2010 — Feb. 19th, 2011.