The market in bank deposit rates is reasonably efficient - usually there is not much difference between the big players unless one has a specific need for funds of a certain maturity.
Tuesday, February 18th 2003, 9:32AM
by The Landlord
Property is a little different. Every building or portfolio of buildings is unique in terms of age, tenant, rental agreement and other factors. The various property markets are fragmented and information on buying and selling activity is not reported through a centralised exchange.
