The chart below shows the percentage of households in owned and rented accommodation in England and Wales between 1918 and 2011. Summarize the information by selecting and reporting the main features, and make comparisons where relevant.

The bar chart compares the proportion of households who owned and rented accommodation in England and Wales over a span of 93 years, starting from 1918.

Overall

, there was a decrease in the percentage of families choosing to settle in their own residences,

while

the opposite was true for those rented properties throughout the period. In 1918, nearly 80% of households in England and Wales lived in rented accommodation, compared to only approximately 22% owned ones.

While

the formers gradually declined from above 70% in 1939 to around 60% in 1961, the opposite trend was witnessed for homeownership. Ten years later, both figures stood at 50%, with an equal number of those living in owned and rented houses. From 1971 onwards, homeownership continued its rising trend to reach a peak of roughly 70% in 2001 before dropping by nearly 5% in the final year.

Conversely

, the proportion of renters recorded a slight decrease to just around 38%.