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The image shows a bar graph comparing the percentage of households in owned accommodation (black bars) versus rented accommodation (gray bars) from 1918 to 2011; in 1918 owned was around 20% and rented 80%, in 1939 owned was around 40% and rented 60%, in 1953 owned was around 45% and rented 55%, in 1961 owned was 50% and rented 50%, in 1971 owned was 60% and rented 40%, in 1981 owned was slightly above 60% and rented slightly below 40%, in 1991 owned was around 70% and rented 30%, in 2001 owned was slightly below 70% and rented slightly above 30%, in 2011 owned dropped slightly below 60% and rented to around 40%.
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The bar chart illustrates the proportion of owned and rental properties in England and Wales from 1918 to 2011.
Overall, the fraction of rental residencies has dramatically reduced which shows people started to have their own housing place over the century. In 1971, the rate of households owned and rented was equal. Most of the houses were owned in 2011, meanwhile, the highest fraction of rented places was in 1918.
There were around 78% of rented places in 1918 which was the maximum in the given period. The rate gradually declined until 1971 to 50%. It then further fell sharply by approximately 10% each year until tapering off to 35% in 2011.
For the proportion of owned properties, it started from around 22% in 1918, slightly increasing to 30% in 1939 but remained stable until 1953. It then substantially rose well over 65% showing a sharp growth until 2001 and then eventually reducing minimally to around 65%.
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