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The image displays a bar chart comparing the percentage of households owning versus renting accommodation in England and Wales from 1918 to 2011, with specific years and their corresponding percentages as follows: in 1918, owned accommodations accounted for approximately 23% while rented was about 77%; by 1939, owned rose to around 32% and rented fell to 68%; in 1953, owned reached 39% compared to rented at 61%; in 1961, owned hit approximately 43% with rented at 57%; by 1971, ownership increased to 50% and renting was 50%; in 1981, ownership further rose to 55% and renting decreased to 45%; by 1991, owned homes were at 67% and rented at 33%; in 2001, owned properties were notably at 69% against rented at 31%; and finally, by 2011, owned accommodations slightly declined to 64% while rented increased to 36%.
Given the complexity of the image, the above description may not be entirely accurate.
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The bar chart, which is dynamic, illustrates the percentage of families owning or renting their houses from 1918 to 2011. Overall, the trend of renting an accommodation decreased significantly while buying became increasingly more popular with an exeption for both ways of living in 2011.
In the year 1918, just above 20% of the population owned an apartment or house with an increase of about 10% a year. Notably, there are two years, in which the amount of people living in their own place remain the same which would be in 1939 and 1953. Furthermore, the peak is reached in 2001 and in the last year the numbers fell from a little under 70% to about 65%.
The exact opposite happens with renting an accommodation. The graph starts at just below 80% in 1918 and decreases immensely until it reaches the low in 2001 at around 30%. After, there is one more year in which it increases slightly by about 5%.
Concluding one notices that when the percentage of owning a house rises, renting becomes less dominant. Nevertheless, both are never below 1/5 of the population and are still common.
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