The bar chart illustrates the percentage of how parents in a country spent time taking care of their children in the evening in 2022. (rewrite)

The bar chart illustrates the

percentage

of

households

living in either owned or rented

accommodation

in England and Wales over the period from 1918 to 2011. The data demonstrates significant changes in the housing preferences of people across different years, revealing clear trends toward

homeownership

and a gradual decline in renting.

To begin

with, in 1918, a substantial majority of

households

, approximately 78%, were living in rented

accommodation

,

while

only 22% of the population owned their homes.

This

significant gap between renting and owning was maintained until 1939 when there was a slight decrease in the

percentage

of rented

households

.

However

,

homeownership

remained relatively low, with only minor fluctuations observed during

this

period. Moving forward, a noticeable shift occurred after World War II. From 1953 onwards, the

percentage

of owned

households

began to rise steadily. By 1971, the proportion of homeowners and renters had reached an equilibrium, with both categories standing at around 50%.

This

marked a pivotal point in the housing market, reflecting a growing preference for

homeownership

among the population.

Furthermore

, the trend continued in

favor

Change the spelling

favour

show examples

of ownership throughout the following decades. By 2001, the

percentage

of

households

in owned

accommodation

peaked at approximately 69%,

while

the proportion of rented

households

had declined to just 31%.

This

shift highlights the increasing importance placed on

homeownership

during

this

time.

However

, it is worth noting that in 2011, there was a slight reversal of

this

trend, with a small increase in the

percentage

of rented

households

, rising to around 36%,

while

ownership decreased slightly to 64%. In summary, the bar chart reveals a significant transformation in housing patterns in England and Wales over the period from 1918 to 2011.

While

renting was

initially

the dominant form of

accommodation

, the mid-20th century saw a steady rise in

homeownership

, which peaked in the early 2000s.

Nonetheless

, recent years have shown a slight resurgence in renting, indicating a possible shift in housing preferences.