The chart below shows the percentage of households in owned and rented accommodation in England and Wales between 1918 and 2011. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

This

graph illustrates the changes in the

percentage

of

households

owning and renting

accommodation

in England and Wales from 1918 to 2011.

Overall

, the

percentage

of

households

in owned

accommodation

presents an upward trend,

while

the

percentage

of

households

in rented

accommodation

shows a downward trend.

However

, the contrary situation happened in 2011, and the

percentage

of

households

owning and renting

accommodation

was equal in 1971. The

percentage

of

households

owning

accommodation

was from 23% in 1918 up to nearly 70% in 2001, and more than the

percentage

of

households

renting

accommodation

by 20%. The

percentage

of

households

owning

accommodation

was from nearly 80% in 1918 down to only 30% in 2001. An interesting situation that people wanting to own

accommodation

is recovering,

whereas

interest in renting

accommodation

is reducing, appeared in 2011.

This

situation may relate to the development of the economy.