The bar chart compares the proportion of people who owned a home by age group in the family in the UK from the year 1996 to 2016.
Overall, the proportion of homeowners aged 60 and over had an increasing trend throughout these years, while the homeowner’s proportion in the 16-34 age group gradually decreased during this period.
Looking at the chart in more detail, in 1996, homeownership families between the ages of 16 and 34 accounted for just over 53%, about 12% lower than those with homes from 60 years old. This figure was stable until 2001, then it decreased slightly to 50% in 2006. In contrast, the proportion of households with a place of their ownership aged 60 years and older gradually increased with 65% in 2001 and reaching 74% in the year 2006.
From 2011 to 2016, the percentage of households owning a home in the age group 60 and older continued to increase and reached the peak of 76%. While the proportion of people with a home aged 16-34 gradually decreased to just over 35% in 2016.
The bar chart compares the
proportion
of
people
who
owned
a home by
age
group in the family in the UK from the
year
1996 to 2016.
Overall
, the
proportion
of homeowners aged 60 and over had an increasing trend throughout these years, while the homeowner’s
proportion
in the 16-34
age
group
gradually
decreased during this period.
Looking at the chart in more detail, in 1996, homeownership families between the
ages
of 16 and 34 accounted for
just
over 53%, about 12% lower than those with
homes
from 60 years
old
. This figure was stable until 2001, then it decreased
slightly
to 50% in 2006.
In contrast
, the
proportion
of households with a place of their ownership aged 60 years and older
gradually
increased with 65% in 2001 and reaching 74% in the
year
2006.
From 2011 to 2016, the percentage of households owning a home in the
age
group 60 and older continued to increase and reached the peak of 76%.
While
the
proportion
of
people
with a home aged 16-34
gradually
decreased to
just
over 35% in 2016.