Loading AI tools
The term property ladder—or housing ladder[1]—, widely used in the United Kingdom, describes the relative differences in constant terms from cheaper to more expensive housing.
 | This article needs additional citations for verification. (October 2021) |
According to this metaphor, an individual or a family can progress by stages from starter homes (for younger first-time buyers who are typically at the bottom of the property ladder) to move-up houses to more expensive houses that are at the top. "Getting on to the property ladder" is the process of buying one's first house and holding a place on the property market.
The Oxford English Dictionary traces use of the phrase "property ladder" back to 1941 in the journal Eugenics.[2]
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
