The bar chart provides information about the percentage of people aged 25-34 who own or rent a house in the UK between 2004 and 2014.
In 2004, the percentage of homeowners was close to 60%, slightly higher than the renters' rate by approximately over 20%. The rate of decrease was gradual during the ten years but was more evident in the years 2009 to 2014. It decreased moderately to about 55% in 2006 and increased to 57% in 2007. In 2011, the graph showed a dramatic decrease, but this trend remained virtually unchanged in 2012. It continued to decline steadily to about 37% at the end of the period.
In 2004, the proportion of renters was around 20%; in 2005, it grew to about 34%; and it remained the same in 2006. Significant growth is evident in the next five years, reaching near 40% in 2011. It remained stable in 2012 and continued to rise to around 48% in 2014, outpacing the rate of homeowners.
In conclusion, the chart shows that the proportion of homeowners age 25-34 has decreased dramatically, whereas the percentage of renters has increased significantly during this period.
The bar chart provides information about the percentage of
people
aged 25-34 who
own
or rent a
house
in the UK between 2004 and 2014.
In 2004, the percentage of homeowners was close to 60%,
slightly
higher than the renters' rate by approximately over 20%. The rate of decrease was gradual during the ten years
but
was more evident in the years 2009 to 2014. It decreased
moderately
to about 55% in 2006 and increased to 57% in 2007. In 2011, the graph
showed
a dramatic decrease,
but
this trend remained
virtually
unchanged in 2012. It continued to decline
steadily
to about 37% at the
end
of the period.
In 2004, the proportion of renters was around 20%; in 2005, it grew to about 34%; and it remained the same in 2006. Significant growth is evident in the
next
five years, reaching near 40% in 2011. It remained stable in 2012 and continued to rise to around 48% in 2014, outpacing the rate of homeowners.
In conclusion
, the chart
shows
that the proportion of homeowners age 25-34 has decreased
dramatically
, whereas the percentage of renters has increased
significantly
during this period.