The bar chart compares the proportion of households living in owned and rented accommodation in Saint Petersburg over a 40-year period, from 1980 to 2020.
Overall, it is clear that the percentage of households owning their homes rose steadily throughout the period, while the figure for rented accommodation showed a corresponding decline. By the end of the period, home ownership had become significantly more common than renting.
In 1980, around 70% of households lived in rented accommodation, compared with only about 30% who owned their homes. However, this situation changed gradually over the following decades. By 1990, home ownership had increased to roughly 40%, while rented housing had fallen to about 60%. The figures became equal in 2000, with both categories standing at approximately 50%.
After 2000, the trend continued in favour of home ownership. The proportion of owned households rose sharply to around 70% in 2010 and then to about 80% in 2020, marking the highest point on the chart. Conversely, rented accommodation decreased to roughly 30% in 2010 and reached a low of about 20% in 2020.
In summary, the data illustrates a significant long-term shift from renting to owning property in Saint Petersburg, with home ownership becoming increasingly dominant by 2020.