The bar chart illustrates the percentage of households inowned and rented houses in England and Wales from 1918 to 2011. The bar chart illustrates the percentage of households inowned and rented houses in England and Wales from 1918 to 2011.

The bar chart illustrates how many families lived in rented and owned homes in two UK countries from 1918 to 2011.

Overall

, the number of households renting houses gradually decreased,

while

the ownership steadily increased over the given time, except in the

last

decade as both groups changed pattern. At the beginning of the period, significantly more individuals had purchased the house they lived in. Approximately 77 % of the families lived in rented accommodations in 1918 in comparison to around 22 % ownership.

This

gap between the two groups kept which started huge kept falling in the next 50 years as the data shows that renting declined from just below 70 % (1938,1953) to just 60 % (1961),

whereas

the owner group grew in the opposite direction at around 31 % (1939, 1953) to almost 60 % (1961) before both hit 50 % each in 1971. After 1971 the trend totally shifted,

firstly

the percentage of people buying residential properties exceeded the number of renters in the given time period. In just three decades (2001), the percentage of people owning a house reached its highest at approximately 68 % before it declined to 64 % in 2011;

however

, households who rent their homes rose from about 31 to 35 %, in 2001 and 2011 respectively.