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For centuries, wallpaper was the accepted way to dress up home interiors. Then over the last 10-20 years, paint became really popular and then along came faux wall finishes using paint. Recently, I have seen a lot of people going back to using wallpaper. It is interesting how fashion always comes back around 10 or 20 years, but this trend is happening in the home decor arena as well. I have included some images of current wallpaper trends. I think using wallpaper looks very luxurious, as long as the right wallpapers are used. I don`t like how wallpaper is hard to put up and take down though! And it can be a lot more expensive than a can of paint, especially the nicer looking ones.
Image Source: http://lisacongdon.com/blog/2012/10/my-new-hygge-and-west-wallpaper-is-here/