The bar chart gives information about the proportion of people who owned or rented a house in Britain and Wales over a 94-year period (1918-2011).
Overall
, it can be clearly seen that the number of people who bought a house increased, Linking Words
while
the percentage of individuals who rented a residence declined, more or less reversing positions over the years.
In 1918, the rental market dominated all types of householding. Linking Words
While
it started with just under 80% of the market, Linking Words
this
rate plummeted to reaching just over 30%. Linking Words
However
, it recovered back to approximately 35% in 2011.
As for the buying pattern, there was rising but Linking Words
then
falling. Linking Words
although
the rate of people who earned a house for themselves skyrocketed, rising from just over 20% in 1918 to just under 70% in 2001, Linking Words
this
trend saw a dip to reach a level of roughly 60%. Linking Words
Furthermore
, it should Linking Words
also
be noted that the percentage of homeowners overtakes the other group in 1971.Linking Words
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