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English definition of “the property ladder”

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the property ladder

noun
 
 
a process in which you buy a small house and then sell it to buy a bigger house when you have more money: When house prices are high, it is hard for buyers to move up the property ladder.Mortgages and real estateRenting, hiring and hire purchase in general Renting property
(Definition of the property ladder from the Cambridge Learners Dictionary © Cambridge University Press)
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