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

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

Overall

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, it is noticeable that

while

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

figure

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relating to the households who owned an

accommodation

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overtook

this

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figure

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from 1987 onwards.

According to

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the proportion of households in owned

accommodation

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,

although

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this

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figure

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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

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, the

figure

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for families in rented

accommodation

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followed the opposite trend.

Although

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its

figure

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

this

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figure

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dropped steadily to reach a low of just under one-

third,

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