The bar graph provides information about the percentages of houses owned and rented in England and Wales between 1918 and 2011.
Overall
, it is evident that the rental market was growing comparatively more until the year 1961, after which citizens started owning properties more than they used to.
A rise in the trend of English and Welsh society buying their own homes can be noticed. It started with 25% of households being owned by Linking Words
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in 1918, which increased by 25% until 1971. People continued buying properties, and Add an article
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went up by 20% more, almost hitting the mark of 70% in 2001. A slight decline of around 5% was witnessed in 2011.
The rental market was at its peak in 1918, when 75% of households were rented. Linking Words
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subsequently
declined to almost 30% until 2001. There was a variation in the percentage of ownership of residences and rented residences every year except in 1971 when 50% of the accommodations were owned and the remaining were rented. The rental market picked up its pace in 2011, with almost 35% of the homes being rented by society.Linking Words
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