Given is the bar chart providing us with information regarding the proportion of the individuals who bought their places to live versus those who rented, both in the UK plus Wales during a 97-year period.
Overall, it is starkly apparent that the number of rented accommodations have witnessed a significant plunge, while the number of households owned had a gentle slope.
When scrutinizing more rigorously, it can be inferred that in 1918, there was a widening gap between households in owned and rented, and the level of rented households was almost 50% higher. On the contrary, this difference had been started to diminish in the succeeding year until had been coming to 1971. In this year, the rate of having your own place was equal to renting, both stand at 50%.
Turning to the next years, the amounts of households in owned experienced an escalation in comparison to rented accommodations. In 2001, this difference in the percentages came into the biggest variation which rented accommodations had 30% of all, whereas owned ones were in the vicinity of 70%, about two-fifth above. In 2011, the levels of rented houses increased gradually, and owned houses decreased marginally up to 40%.
Given
is the bar chart providing us with information regarding the proportion of the individuals who
bought
their places to
live
versus those who rented, both in the UK plus Wales during a
97-year
period.
Overall
, it is
starkly
apparent that the number of rented accommodations have witnessed a significant plunge, while the number of
households
owned
had a gentle slope.
When scrutinizing more
rigorously
, it can
be inferred
that in 1918, there was a widening gap between
households
in
owned
and rented, and the level of rented
households
was almost 50% higher.
On the contrary
, this difference had been
started
to diminish in the succeeding
year
until had been coming to 1971. In this
year
, the rate of having your
own
place was equal to renting, both stand at 50%.
Turning to the
next
years, the amounts of
households
in
owned
experienced an escalation
in comparison
to rented accommodations. In 2001, this difference in the percentages came into the biggest variation which rented accommodations had 30% of all, whereas
owned
ones were in the vicinity of 70%, about two-fifth above. In 2011, the levels of rented
houses
increased
gradually
, and
owned
houses
decreased
marginally
up to 40%.