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The image depicts a bar chart showing UK housing statistics for individuals aged 25-34 from 2004 to 2014, with "Home Owners" and "Renters" as categories; in 2004, home ownership stood at approximately 59% and renting at around 21%; in 2005, home ownership was close to 57% and renting at about 22%; in 2006, home ownership approximately 56% and renting at about 23%; in 2007, home ownership near 54% and renting about 24%; in 2008, home ownership at roughly 53% and renting around 26%; in 2009, home ownership approximately 50% and renting at 28%; in 2010, home ownership around 48% and renting at 31%; in 2011, home ownership approximately 45% and renting at 34%; in 2012, home ownership near 43% and renting about 36%; in 2013, home ownership close to 41% and renting around 38%; in 2014, home ownership stood at 36% and renting at 48%.
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The data illustrate the number of residents of specific age between 25 to 34 owned houses in United Kingdom from 2004 to 2014.
Overall, the proportion of house owner over the the span of 10 years declines with the increasing trend of renters throughtout this period. But still there is still large number of indiviuals owning the houses as compare to the people rents the houses.
In 2004, near about 60 percent of people owned houses, which is the the hightest proportion of the residents owning the house over the trend of 10 years. From 2004 to 2009 the number of house owners remains over half of the percentage ,then from 2010 to onward it decline below half. In 2014 there is massive decrease in the house owners and the percentage drops below 40.
From 2004 to 2014 there is gradual increase in the amount of renters. In 2004 only 20 percent of people live on rents. from 2004 to 2009 there is an increase of 10 percent in the numbers of renters. but it did not stop there and increase throught out years from 2009 and onward and In 2014 it stops just below half of the percentage.
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