The term property ladder—or housing ladder—, widely used in the United Kingdom, describes the relative differences in constant terms from cheaper to more expensive housing. 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.
The term property ladder—or housing ladder—, widely used in the United Kingdom, describes the relative differences in constant terms from cheaper to more expensive housing. 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.
Source: Wikipedia "Property ladder" · CC BY-SA 4.0
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