The graph illustrates the comparison of buying and renting accommodation in England and Wales, measured in percentage of households, in the 93 years period from 1918 to 2011. Overall, it is clear that there was an upward trend in percentage of households in owned accommodation, whereas the figure of who rented accommodation witnessed an advert trend throughout the period. Looking at details, it appears that the rented households had dropped slightly from 78% to just under 70% between 1918 and 1939, while the other had rised by about 10% from 20% to 32% in the same period. In addition, during the time from 1939 to 1953, both kinds of accommodation stayed relatively unchanged before having the same percentage in 1970 (50%). Moreover, there was a dramatic increase in percentage of the former ones and it jumped at peak at nearly 70% at 2001. In contrast, the later ones had fallen to around 30% in the second half of the period. In 2011, the number of families owing their home were approximately twice as that of who just rented home at 63% and 35%, respectively.
The graph illustrates the comparison of buying and renting
accommodation
in England and Wales, measured in
percentage
of households, in the 93 years
period
from 1918 to 2011.
Overall
, it is
clear
that there was an upward trend in
percentage
of households in
owned
accommodation
, whereas the figure of who rented
accommodation
witnessed an advert trend throughout the
period
. Looking at
details
, it appears that the rented households had dropped
slightly
from 78% to
just
under 70% between 1918 and 1939, while the other had
rised
by about 10% from 20% to 32% in the same
period
.
In addition
, during the time from 1939 to 1953, both kinds of
accommodation
stayed
relatively
unchanged
before
having the same
percentage
in 1970 (50%).
Moreover
, there was a dramatic increase in
percentage
of the former ones and it jumped at peak at
nearly
70% at 2001.
In contrast
, the later ones had fallen to around 30% in the second half of the
period
. In 2011, the number of families owing their home were approximately twice as that of who
just
rented home at 63% and 35%,
respectively
.