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Private buyers like efficiency

By: Series: Estates Gazette ; (0220) 18 May 2002, 213(1)Publication details: 2002Subject(s): Summary: Debt-driven private investors look at prices and yields and demand an efficient mechanism for buying and selling. The price of a property is generally higher than its' value by about a quarter of a percent. However, private investors may be weakening this correlation. Argues that auctions provide the efficient market for such investors, fulfilling many of their requirements.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS65488 (Browse shelf(Opens below)) 1 Available 118340-1001

Debt-driven private investors look at prices and yields and demand an efficient mechanism for buying and selling. The price of a property is generally higher than its' value by about a quarter of a percent. However, private investors may be weakening this correlation. Argues that auctions provide the efficient market for such investors, fulfilling many of their requirements.