The chart below shows the percentage of households in owned and rented accommodation in England and Wales between 1918 and 2011.

The provided bar chart compares the proportion of families in terms of owning or renting

accommodation

in two countries, namely England and Wales throughout a 23-year period, from 1978 to 2011.

Overall

, it is noticeable that

while

during the first half of the period in question, a significant proportion of households resided in rented houses, the

figure

relating to the households who owned an

accommodation

overtook

this

figure

from 1987 onwards.

According to

the proportion of households in owned

accommodation

,

although

this

figure

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

, the

figure

for families in rented

accommodation

followed the opposite trend.

Although

its

figure

comprised a large percentage of the total, at approximately 86%. In the initial year,

this

figure

dropped steadily to reach a low of just under one-

third,

at 37%, in 2007, and witnessed an increment to reach 30%. until 2011.