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The image depicts the housing trends for people aged 25-34 in the UK from 2004 to 2014, illustrating a decline in home ownership and an increase in renting. In 2004, 59% were homeowners and 21% were renters; in 2005, 58% homeowners, 23% renters; in 2006, 57% homeowners, 22% renters; in 2007, 56% homeowners, 24% renters; in 2008, 54% homeowners, 25% renters; in 2009, 51% homeowners, 28% renters; in 2010, 50% homeowners, 31% renters; in 2011, 46% homeowners, 36% renters; in 2012, 41% homeowners, 41% renters; in 2013, 37% homeowners, 46% renters; in 2014, 36% homeowners, 48% renters.
Given the complexity of the image, the above description may not be entirely accurate.
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The bar chart provides information about the renters and home owners of mid-ages in the UK between 2004 and 2014.
It can clearly be seen that the number of people having their own house declined slightly, whereas the number of ones who rented houses went up gradually over a 10-year period.
From the chart can be seen that the peak of home owners was reached at about 60% in 2004. Then, there was a modest dip for the next two years. From 2007 till 2011 the number of residence owners consistently decreased to around 40%. For two years the rate of them remained steady. After that, there was a fall to about 35%.
Though the number of residence owners decreased during the given period, the number of those who rented houses increased. The lowest point hit 20% in 2004. From 2004 to 2011 there was a rise of 20% in the number of renters. The peak reached under 50% in 2014.
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