The bar chart depicts the percentage of English and Welsh families owning and renting accommodation over a 93-year period starting from 1918.
It is clear that there was an upward trend in the ratio of households owning accommodation in 2 different countries whereas that of renting witnessed a contrasting movement over the given period. There was a similar rate in both the figures for owning and renting in the year 1971.
As can be seen at the starting point of the period (1918), the proportion of families owning a home reached the bottom of approximately 20%, which was four times as low as the figure for renting, at around 80%. Besides, during the first half of the period, that of renting declined noticeably to exactly 50%, while there was a remarkable growth of the same figure in the rate of families owning their own home.
Looking at the graph in more detail, over the following period of 40 years, the percentage of families owning homes saw a substantial increase from 50% to 65%. By contrasting, the same period continued experiencing a considerable drop in the figure for renting of 13%. In the year 2011, the rate of people having their own homes peaked at around 70%, but it was the opposite of the rent rate of 31%.
The bar chart depicts the percentage of English and Welsh
families
owning
and
renting
accommodation over a
93-year
period
starting from 1918.
It is
clear
that there was an upward trend in the ratio of households
owning
accommodation in 2
different
countries whereas that of
renting
witnessed a contrasting movement over the
given
period
. There was a similar
rate
in both the
figures
for
owning
and
renting
in the
year
1971.
As can be
seen
at the starting point of the
period
(1918), the proportion of
families
owning
a home reached the bottom of approximately 20%, which was four times as low as the
figure
for
renting
, at around 80%.
Besides
, during the
first
half of the
period
, that of
renting
declined
noticeably
to exactly 50%, while there was a remarkable growth of the same
figure
in the
rate
of
families
owning
their
own
home.
Looking at the graph in more detail, over the following
period
of 40 years, the percentage of
families
owning
homes
saw
a substantial increase from 50% to 65%. By contrasting, the same
period
continued experiencing a considerable drop in the
figure
for
renting
of 13%. In the
year
2011, the
rate
of
people
having their
own
homes peaked at around 70%,
but
it was the opposite of the rent
rate
of 31%.