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

The chart illustrates the proportion of households living in owned and rented

residence

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residences

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in two countries between 1918 and 2011.

Overall

, it is evident that

while

the rate of households owning accommodation went up, that

for

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of

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households in rented places declined. In the first four years, the majority of

people

were living in rented accommodation, with their percentage ranging from well below 80% to almost 60%. Meanwhile, the figure for owned accommodations was soaring steadily from approximately 20% in 1918 to 50% in 1971, where both figures reached

a

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the

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same level. By 1981, the proportion of

people

owing

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owning

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a house surpassed those who rented at 60%, prior to its subsequent surge to almost 70%, where it flattened out for ten years. The percentage of those who rented a place, in comparison, experienced a slight fall to nearly 30%. In the

last

decade, the proportion of

people

who owned a property, dwindled to roughly 60%,

wheras

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whereas

that

for

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of

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people

who rented slightly rose to just above 40%.