The bar chart illustrates the information about accommodation of people aged 25-34 in the UK whether they own or rent a house during the 11 years from 2004.
Overall, it is apparent that the percentage of homeowners had a considerably decreasing trend throughout these years. In contrast, the proportion of renters increased enormously.
Looking at the chart more closely, one can see that the number of homeowners in the UK experienced a downward trend. In more detail, homeowners' proportion was about 58% in 2004 which was the highest rate over 11 years. From 2005 to 2008, the figure for homeowners fluctuated at average about 55% even though it Dipped marginally compared to the figure in 2004. Proceeding to the next period from 2008 to 2014, homeowners’ proportion continued to plunge. Also, the figure showed a dramatic decrease of approximately 43% in the year 2011 and remained virtually unchanged in 2012. At the end of the period, it continued to decline steadily.
The percentage of renters witnessed an upward trend. In 2004, renters' proportion was quite modest, at around 20% which was only one-third of the number of homeowners in the UK. It increased to about 23% in 2005 and remained consistent in 2006. Noticeably, the UK roughly twofold from 23% to 48% over the 8 years. Nevertheless, the percentage of renters climbed as well, moving from about 20% to 48%, the gap between it and the homeowners included in the chart had widened at the end of the period.
The bar chart illustrates the information about accommodation of
people
aged 25-34 in the UK whether they
own
or rent a
house
during the 11 years from 2004.
Overall
, it is apparent that the percentage of homeowners had a
considerably
decreasing trend throughout these years.
In contrast
, the
proportion
of renters increased
enormously
.
Looking at the chart more
closely
, one can
see
that the number of homeowners in the UK experienced a downward trend. In more detail, homeowners'
proportion
was about 58% in 2004 which was the highest rate over 11 years. From 2005 to 2008, the figure for homeowners fluctuated at average about 55%
even though
it Dipped
marginally
compared to the figure in 2004. Proceeding to the
next
period from 2008 to 2014, homeowners’
proportion
continued to plunge.
Also
, the figure
showed
a dramatic decrease of approximately 43% in the
year
2011 and remained
virtually
unchanged in 2012. At the
end
of the period, it continued to decline
steadily
.
The percentage of renters witnessed an upward trend. In 2004, renters'
proportion
was quite modest, at around 20% which was
only
one-third of the number of homeowners in the UK. It increased to about 23% in 2005 and remained consistent in 2006.
Noticeably
, the UK roughly twofold from 23% to 48% over the 8 years.
Nevertheless
, the percentage of renters climbed
as well
, moving from about 20% to 48%, the gap between it and the homeowners included in the chart had widened at the
end
of the period.