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Definition 2024


property_ladder

property ladder

English

Noun

property ladder (countable and uncountable, plural property ladders)

  1. (Britain) The hierarchy of owned housing.
    • 1989, Kenneth 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.