The chart illustrates the shares of households living either in their own house or rented accomodation in two UK-governed countries, England and Wales in 1918, 1939, 1953, and divided at 10-year intervals from 1961 to 2011. Overall, there was a general shift in the populations of these two countries from renting a house to owning one, with some years experiencing stagnation for both. Of particular note, in 1971 the market was divided exact equally.
In 1918, figure for rented accomodation was at its peak, just over third-quarters of the total market was renting a house. After that, despite falling gradually except for in 1939 and 1953 until 1971 when it reached parity with the second category, it was still the dominant. From 1971 onwards, it again trended downwards in every decade to just over 30%, with the last year slight growth seen for it, to nearly 37%
As for the owned accomodation, starting at approximately 23% initially, which is nowhere near to previous category, it then was followed by a subsequent growth to 31%. From 1939 to 1953 despite experiencing 14-years of stability, then there was a marked going up to just under 70% in the figure for the owned accommodation in 2001 which is the all-time highest point for it, albeit with a decline to 63% in the final year.
