The provided bar chart compares the proportion of families in terms of owning or renting
in two countries, namely England and Wales throughout a 23-year period, from 1978 to 2011.
, it is noticeable that
during the first half of the period in question, a significant proportion of households resided in rented houses, the
relating to the households who owned an
from 1987 onwards.
the proportion of households in owned
made up of just under one-fifth of the total, it gradually increased to hit a high of merely 70% in 2001 and witnessed a negligible drop to 65% afterwards.
On the contrary
for families in rented
followed the opposite trend.
comprised a large percentage of the total, at approximately 86%. In the initial year,
dropped steadily to reach a low of just under one-
at 37%, in 2007, and witnessed an increment to reach 30%. until 2011.