The provided table presents data on the
proportion
of residents in England and Wales in their own and rented houses in 1918 and 2011.
The data reveals a consistent growth in individual prosperity, which has led to an increase in the number of homeowners and a corresponding decrease in renters.
In 1918, real estate accounted for slightly over two-tenths of the market, and Use synonyms
this
figure increased to 32% in 1939, where it remained for the following four years. Linking Words
Nevertheless
, the statistics of the owners during the subsequent two calendar periods exhibited a notable increase, representing approximately half of the market in 1971. Linking Words
Furthermore
, the upward trajectory persisted until 2001, reaching a peak of 68 per cent. Over the subsequent decade, the number of individuals in Linking Words
this
category declined, with 62% of the population in 2011.
Linking Words
Conversely
, rented accommodation constituted a substantial Linking Words
proportion
of the housing stock in 1918. Use synonyms
However
, their Linking Words
proportion
declined in subsequent decades, reaching 68%, 58%, and 50% in 1953, 1961, and 1971, respectively. Use synonyms
Therefore
, if the same pace is maintained, the figures will ultimately stand at two-fifths in 1981 and reach one-third in 1991. Having experienced a notable decline to 31% in 2011, the Linking Words
proportion
of rented properties increased considerably to 38% in 2011.Use synonyms
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