"In a more dynamic market," he said, "the spread is wider."
In a dynamic market, the price discovery takes place continuously.
"It's reasonable to try something new to arrest the decline in what's become a very dynamic market."
Combined with low interest rates and the 1031 exchange, it makes for a dynamic market.
It is a dynamic pari-mutuel market, where almost 16,000 players predict what people will be searching the Internet for in the future.
Here is a guide to some of the most dynamic foreign second-home markets.
We've got the most open, dynamic and competitive market in the world.
Creating efficient and dynamic markets is one of the biggest contributions government can make to economic growth.
But he said: "If you want a competitive, dynamic market, you have to let more people in.
That means not only dynamic markets, but also more and higher risks to international financial stability.