property ladder

English

Noun

property ladder (plural property ladders)

1. (UK) The hierarchy of owned housing.

   to get on the property ladder

   • 1989, Kenneth E. Boulding, Three Faces of Power:

     The slave, who is at the bottom of the human property ladder, had a hut and slave quarters, a little clothing, food, and perhaps some health care […]

   • 2004, David A. Wise, Perspectives on the Economics of Aging:

     The higher house price volatility in the United Kingdom makes it optimal for those young households who expect to move up the property ladder to hold housing equity.

   • 2023 November 25, Alexandra Goss, “Downsizers' dilemma”, in FT Weekend, House & Home, page 1:

     While some of these moves will be prompted by, for instance, releasing equity to help children get on the property ladder, David Fell, Hamptons' senior analyst, says many will probably be downsizing to reduce mortgage payments to a more manageable level.