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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. The chart presents data for the years 1918, 1933, 1953, 1961, 1971, 1981, 1991, 2001, and 2011. In 1918, 23% of households owned and 77% rented. The figures for 1933 are 32% owned and 68% rented. In 1953, ownership increased to 42% while renting decreased to 58%. The 1961 data shows a slight increase in ownership at 47% and a decrease in renting at 53%. The trend continues in 1971 with a majority of 51% owning homes and 49% renting. In 1981, the gap widens with 59% owning and 41% renting. The 1991 data shows 67% ownership and 33% rental. The 2001 figures report 69% ownership and 31% rental. The 2011 data marks a slight decrease in ownership at 64% and an increase in rental accommodation at 36%.
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The graph represents the ratio of families who owned and rented home in England and Wales over 93 years period from 1918 to 2011.
At first glance,it is clear that in beginning proportion of households living in rented places were at its peak as compared with those who were living in their own homes .However, after 1918 a decline was noted in regards of rented places and increase was observed in interest of owning own houses whilst their strength was stabilised in 1971.
Later on, in 1972 until 2001 a similar trend of rise in buying homes and fall in staying on rented places was remarked.Moreover, in 2011 a marginal fall was noted in owning home as well as slight increase in living in rented apartments.
Overall, it is evident from the diagram is that with the passage of time lesser interest was seemed towards rented places while an escalation in the percentages of families who lived in their own houses over that period.
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