the chart below shows the percentage of households in rented and owned accommodation in England and Wales between 1918 and 2011.

The displayed bar chart illustrates the share of families living in

ownin

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owning

owned

and rented accommodation in two countries (England and Wales) throughout 97 years As can be seen from the chart,owning and renting showed opposite trends with a sharp increase in ownership

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and an

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an

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a

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reciprocal decline in the rate of tenants,by the end of the period the number of owners surpassed the percentage of tenants by a wide margin. In 1918,the proportion of households in rented accommodation was approximately 23%,which increased to around 32 % and remained stable there up to 1953.

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contrast

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the proportion of owners reduced to about 68% during the same years and

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trend continued until 1971 when both of them owned the same proportion of 50%. From 1971 onwards,the percentage of households in owned accommodation went down and hit the lowest point of 30 % in 2001,

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however

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it experienced a moderate rise

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of

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5% in 2011. With regard to the number of tenants,it improved significantly and reach

the

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a

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peak of 69 %, but it slackened down

just

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to just

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over 60% until 2011.