The bar graph illustrates the percentage of people who owned and rented household accommodation in England and Wales from 1918 to 2011.
It can be realized that there is an upward trend in people’s preference to owning a household estate for majority of the time period. On similar background, a gradual downfall has been observed where people rent an accommodation for stay. However, these facts does not hold true for the last decade.
In 1971, people equally prefers renting or owning a household constituting to nearly 50%. There were 69% rented accommodation in 1939 and 1953 which changed to owned accommodation in 1991 and 2001. Similarly, there were 32% owned accommodation in 1939 and 1953 which changed to rented accommodation in 1991 and 2001.
This suggests that there is an acceleration in the rate of owned houses, which remained constant for 1991 and 2001; before facing a downfall in 2011 to 67%. On similar background, there is a downward trend in the rate of rented properties, which remained constant for 1991 and 2001; before having a rise in 2011 to 37%.
The bar graph illustrates the percentage of
people
who
owned
and rented household
accommodation
in England and Wales from 1918 to 2011.
It can
be realized
that there is an upward trend in
people’s
preference to owning a household estate for
majority of
the time period. On similar background, a gradual downfall has
been observed
where
people
rent an
accommodation
for stay.
However
, these facts does not hold true for the last decade.
In 1971,
people
equally
prefers renting or owning a household constituting to
nearly
50%. There were 69% rented
accommodation
in 1939 and 1953 which
changed
to
owned
accommodation
in 1991 and 2001.
Similarly
, there were 32%
owned
accommodation
in 1939 and 1953 which
changed
to rented
accommodation
in 1991 and 2001.
This suggests that there is an acceleration in the rate of
owned
houses
, which remained constant for 1991 and 2001;
before
facing a downfall in 2011 to 67%. On similar background, there is a downward trend in the rate of rented properties, which remained constant for 1991 and 2001;
before
having a rise in 2011 to 37%.