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...but still cannot see how anyone can make an entire living on painting as it seems so much by chance as the market is ever-changing.
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Horrors! This sounds like something that those darn "misguided" school guidance counselors say to the talented kid who just wants to grow up and paint for a living.
Don't forget that people who paint for a living can also make money in peripheral ways, like teaching. Some of us also sell landscapes and still lifes between portrait commissions. I also hear that there is a big print market out there.
Heck, you don't even have to have a lot of talent or skill to make money as a painter (i.e., Kinkade).
There are buyers of art out there who have lots of money, and taste is no object.
