# What's a "market?"

**Published by:** [Brandon Donnelly](https://brandondonnelly.com/)
**Published on:** 2013-05-22
**Categories:** market-definition, real-estate, uncategorized
**URL:** https://brandondonnelly.com/whats-a-market

## Content

According to Fred Wilson, a pure market requires: Massive liquidity True price transparency Open exchanges where anyone can trade When you have these in place, people feel comfortable trading, a lot. By this definition, real estate isn’t a true market.

## Publication Information

- [Brandon Donnelly](https://brandondonnelly.com/): Publication homepage
- [All Posts](https://brandondonnelly.com/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@brandondonnelly): Subscribe to updates
- [Twitter](https://twitter.com/donnelly_b): Follow on Twitter

## Optional

- [Collect as NFT](https://brandondonnelly.com/whats-a-market): Support the author by collecting this post
- [View Collectors](https://brandondonnelly.com/whats-a-market/collectors): See who has collected this post