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

The figure provided reveals the proportion of owned and rented houses from 1918 to 2011 in England and Wales, measured in percentage.

Overall

, it is evident that

while

the owners' rate rose significantly, the rate of rented households saw a decline from 1950 to 2000. Turning first to rented accommodation,

initially

it stood at approximately 68% in 1950, and

then

this

fell dramatically to 30% in 2000.

Nonetheless

, the percentage of rented accommodation experienced a slight rise in the following 20 years and

finally

, it finished at almost 40% in 2020.

However

, the level of owners took the opposite way in comparison with the renting ones. In the beginning, it stood at 32% , about half the amount of rented ones in total.

Then

, it saw a gradual increase in the following period at 70% in 2000. By 2020,

this

level had fallen slightly to 63%, higher than rented houses in 2020. Interestingly though, the statistics for both owned and rented accommodation in 1970 experienced an equivalent rate at 50% respectively.