The provided bar chart presents a comparison of the percentage of households in owned and rented accommodation in England and Wales from 1918 to 2011.
Overall, the data reveals a significant shift over time with an increasing trend in households owning accommodation and a decreasing trend in households renting accommodation.
Initially, in 1918, only 23% of households owned accommodation while the majority, 77%, rented. This trend gradually changed over the years, with the percentage of households owning accommodation surpassing those renting by 1947. By 2011, 64% of households owned accommodation compared to 36% renting. The most substantial increase in ownership occurred between 1991 and 2001, where ownership jumped from 69% to 70%.
Conversely, the percentage of households renting accommodation exhibited a consistent decline from 1918 to 2011. The highest proportion of rented accommodation was in 1918 at 77%, which steadily decreased to 36% in 2011. Notably, the sharpest decline was from 1971 to 1981, with a 12% decrease in rented accommodation. This trend indicates a clear preference for owning rather than renting accommodation among households in England and Wales over the observed period.
