The given bar chart illustrates how many households owned and rented places in England and Wales during the period of 93 years.

The given bar chart illustrates how many households owned and rented places in England and Wales during the period of 93 years.
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The bar chart exemplifies data on individuals who rented and owned accommodation in England and Wales from 1918 to 2011. Units were depicted as a percentage of households. From an
overall
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perspective, an increasing trend was observed in owning houses as opposed to that of people renting which showed a declining movement, except for 1971, where the values were similar. Prior to 1971, the majority of the people rented houses after 1971, they preferred to own them. The pinnacle of owned houses was in 1918 at just under 80%,
similarly
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, the year 2001 attributed to around 69%, making it the highest for renting.
Moreover
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, in 1959 and 1953 roughly 69% opted to purchase homes emerging as the second highest
while
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in 2011 it was recorded to be just above 60%.
Furthermore
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, the lowest values in both categories were 23% for owned and 31% for rented housing in 1918 and 2001 respectively. Significantly, in 1971 half of the demographic preferred both types of households.
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Topic Vocabulary:
  • illustrates
  • households
  • owned
  • rented
  • trend
  • shift
  • steadily
  • increased
  • declined
  • majority
  • gradual
  • percentage
  • homeowners
  • renters
  • prominent
  • attributed
  • affordability
  • availability
  • mortgage loans
  • initiatives
  • government
  • housing preferences
  • financial situations
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