Using the information given with the bar charts, we can conclude that the housing prices in City A and City B are increasing significantly by the years going forward. On the other hand, we have the pie chart. Based on this, what is observed is that there were a higher number of people that rent rather than own.
On the contrary, in the first chart, we now have obtained knowledge that the housing prices in the two cities are both rising. However, there is an evident difference in how they are going up. For instance, in 2010, City A’s housing prices are at a leading price of 350k while as for City B, it starts at 150k. The trend for this bar chart remains constant because City A remains at the top.
Following the pie chart, data shown are much different now. We have established that there are more renters than owners. The reason being is that people may only work enough to be able to rent houses, condos or apartments. This is factually true as renting more less costing than it is to own.
Overall, we can conclude that while there are a greater amount of digits for the bar chart at the very start, we now know that a number of the funding may all come from the people who rent. This is also due to the fact that if you rent, people may also be obliged to rent more than one as satistically speaking, it is a better value for the amount of money. Whearas if someone chooses to invest all the money into purchasing a house for example for a large sum of money, they would only be able to own one. Renting many houses at once means that you may also be rightfully given the permission to put the rented house or apartment up for sale. In result, leads to a profit.