As the busiest rental season draws to a close, Ms. Welkes's experience at the Westport illustrates some of the changes and unchanging facts, in the market-rate rental market in Manhattan and beyond.
For example, health, family, or financial reasons may change a teacher's willingness to uproot and move, which is unchanging across all school markets she can potentially search in.
That would make it much harder for ordinary folk to take out interest-only mortgages.A flat market does not mean an unchanging one, however.
Furthermore, culture is not monolithic, nor it is unchanging, nor still is it unchangeable.
Overall, occupation/region wages are driven by basic factors such as regional productivity, regional labour market slack, regional product demand, national occupation demand, and unchanging occupation/region characteristics.
This equation postulates that wages in any occupation and region are derived by basic factors such as regional productivity, regional labour market slack, regional product demand, national levels of demand and unchanging occupation and region characteristics.
Unchanging job figures may mask churn — businesses moving in and out of the market, workers moving from job to job.
They offer apparently eternal values - eternity being unchanging and therefore reliable - the brotherhood of men, the wisdom of the free market, the evil of outsiders, the true path to heaven, the rewards of obedience.
Assumptions behind the theory explaining why markets are meant to be efficient, mean suspending disbelief that our tastes and habits are unchanging, there is full employment, all firms face identical cost conditions, there is perfect competition, perfect information, and perfect mobility of what you need to produce things between places and occupations.
