The bar chart illustrates the housing trends of people in the 25-34 age group in the UK from 2004 to 2014. As is observed, the British are housed in two main types: homeowners and renters. During the first half of the decade, homeowners prevailed over renters, but in the next half, more people rented houses.
In 2004, most British owned their accommodation. The proportion of that was quite high, nearly 60%. Between 2005 and 2008, the figure remained stable, an average of 55%. However, it dropped one year later and had a significant decline in 2010, fell to approximately 46%. On the other hand, the number of people who rented houses increased gradually, from 20% in 2004 to about 36% in 2010.
Between 2010 and 2014, more people chose to rent houses. The percentage rose for one year (from 36% in 2010 to 41% in 2011). It stabilized two years later, but it had a considerable growth in 2013, to approximately 45%, and reached the point of 48% in 2014. In contrast, the figure of homeowners dropped dramatically, from about 46% in 2010 to above 35% in 2014.