When the cost per hour of employing a worker rises more quickly than the worker’s hourly productivity - the historically normal situation - then the dollar labor cost of producing each unit of output, the so-called unit labor cost, tends to rise.
In mature real estate financial markets various financial intermediaries provide abundant financing products besides traditional lending for property enterprises, such as public stock issuance,  BIS Review 46/2004  1  project financing, corporate bond, equity financing, industry fund and real estate trust. In addition, a mature market is featured by a developed secondary market of assets securitization.