The cart below shows the percentage of housholds in owned and rented accomodation in england and wales between 1918 to 2011

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The chart below illustrates the percentage of
houses
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owned and rented in England from 1918 to 2011. If we closely look at the chart, overall there is a consistent upward trend In owned
houses
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, whereas there is a downward trend in rented ones.
Furthermore
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, the chat shows us that only in 1971 both rented and owned accommodations were at the same level of 50 %. Now let’s look at the
houses
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owned at the beginning, it was stood at 22 % and rented accommodations were at 75 %, which is quite high. So,
this
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continued of rising in owned
houses
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and declining in the rented accommodations at an almost constant rate( An average increase of 10 % during 1918 to 1953). The only year in which they levelled up was 1971 where they were stood at 50%.
On the other hand
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, rented accommodation at the beginning was very high at 75% as compared to owned accommodation which was at 22 %, but gradually it decreased and ended up to 40% in the year 2011.
In addition
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. So, the conclusion is that people followed the trend to buy their own
houses
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rather than giving them for rent, which I think because of a strong urge which had developed in people to have their own house.
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