the bar chart represents compares the percentage of homeowners or renters among the British adults between 25-34 years old over the period of ten years.
The chart has pecentages on its y-axis and years on its x-axis. In the first first three years the ration between home owners and renters is steady, around 60 and 20 percent respectively, with merely subtle fluctuations in percentages. Starting from the year of 2007 bar chart beggins to show exponential growth in the percentage of renters, while the percentage of homeowners slowly decreased to around 42% in 2011, while the percentage of renters increased up to 40%. Noticably, in the years of 2011 and 2012 the ratio remains constant. After this period of stability, in the years 2013 and 2014 the precentage of renters finally aceeds the percentage of homewners, with a noticable difference in 10%.
Overall, the bar chart depicts the changes in the housing market for yound adults, illustrating how renting became more popular than owning a home wheter it is due to economic fluctions or changes in lifestyle.