The property ladder is a term widely used in the United Kingdom to describe the relative differences in constant terms from cheaper to more expensive housing.
According to this metaphor, an individual or family's lifetime progress can be traveled equally from cheap houses for younger first-time buyers who are typically at the bottom of the property ladder, and expensive houses 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 volatile property market.
Famous quotes containing the words property and/or ladder:
“The property of rain is to wet and fire to burn.”
—William Shakespeare (1564–1616)
“This monument, so imposing and tasteful, fittingly typifies the grand and symmetrical character of him in whose honor it has been builded. His was “the arduous greatness of things done.” No friendly hands constructed and placed for his ambition a ladder upon which he might climb. His own brave hands framed and nailed the cleats upon which he climbed to the heights of public usefulness and fame.”
—Benjamin Harrison (1833–1901)