The bar chart illustrates information about the percentage of home owners and renters whose ages were 25-34 in the UK over a ten-year period between 2004 and 2014.
Overall, it can be seen that there was a massive reduction in the percentage of home owners while that of renters had a significant upward trend over 10 years.
Looking at the details, the rate of home owners was far higher about 58% than that of renters at 20% in 2004. Over the next 6 years from 2005, the number of people who bought a house remained steady at about 55% in the first 4 years and then dwindled slightly in 2 year later, at around 50%. Meanwhile, the percentage of renters experienced an incredible increase, up to nearly 40% during the same period.
In 2011 and 2012, the proportion of both home owners and renters was the same, which accounted for approximately 40% and remained unchanged in these years. From 2013 onwards, the figure for home owners was overtaken by that of renters and hit a low, down to under 40% in 2014 while the number of British adults renting a house rose quickly and reached the highest point at 47%.
The bar chart illustrates information about the percentage of home
owners
and
renters
whose ages were 25-34 in the UK over a ten-year period between 2004 and 2014.
Overall
, it can be
seen
that there was a massive reduction in the percentage of home
owners
while that of
renters
had a significant upward trend over 10 years.
Looking at the
details
, the rate of home
owners
was far higher about 58% than that of
renters
at 20% in 2004. Over the
next
6 years from 2005, the number of
people
who
bought
a
house
remained steady at about 55% in the
first
4 years and then dwindled
slightly
in 2
year
later, at around 50%. Meanwhile, the percentage of
renters
experienced an incredible increase, up to
nearly
40% during the same period.
In 2011 and 2012, the proportion of both home
owners
and
renters
was the same, which accounted for approximately 40% and remained unchanged in these years. From 2013 onwards, the figure for home
owners
was overtaken
by that of
renters
and hit a low, down to under 40% in 2014 while the number of British adults renting a
house
rose
quickly
and reached the highest point at 47%.