In some countries, some people are renting accommodation, while others are buying their own homes. Does renting accommodation have more advantages or more disadvantages than buying a place?

The graph provided reveals about how many
people households
Accept comma addition
people, households
in owned and rented accommodation in England and Wales between 1918 and 2011. Overall, what stand out from the graph is that were
considerable
Suggestion
considerably
raised and dropped both of the rented and owned households the years from 1918 to 2011.The was a year that were the same percentage and it was 1971 which 50%. Looking at the details, as regards households in
owned
Suggestion
owning
accommodation made up 23% of households in 1918.Having remained stable at approximately more than a
third
percentage of households from 1939 to 1953.Households
then
rose considerably between 40% and 68% of households
until
Suggestion
by
to
1991.The figure reached a peak to just under 60% of households in 2001.After that, despite falling slowly to just under 60% of households in 2011.
By contrast
the households in rented accommodation
lewelled
a position on a scale of intensity or amount or quality
leveled
levelled
lulled
off to just under 80% of households in 1918.Having remained steady at approximately to 68% of households between 1939 and 1953.
Then
the figure fell down dramatically from 59% to 31% households until 2001.
Then
there was
slight increase
Suggestion
a slight increase
to 35% of households in 2011.
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Topic Vocabulary:
  • affordability
  • flexibility
  • maintenance
  • financial commitment
  • investment
  • stability
  • sense of ownership
  • property value
  • mortgage
  • rental agreement
  • tenancy
  • security deposit
  • real estate market
  • housing market
  • housing loan
  • homeownership
  • residential property
  • landlord
  • tenant
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