The charts illustrate the average housing costs in city A and city B 2010 to 2015 with further prediction for 2025, alongside the proportion of residents aged 30-35 owning a house from 2010 to 2015.
Overall, it is evident that there were significant differences in the average housing prices in the two given cities as well as changes in the future patterns. Notably, an upward trend was seen in the costs of houses in the two cities, which are predicted to continue to increase by 2025. Moreover, the proportion of home owners rose while that of renters decreased.
A closer look at the charts further indicates that initially, the average price for a house in city A was approximately 350000 dollars, after which point it nearly doubled to 500000 dollars in 2015. The city’s housing prices are projected to reach its peak of nearly 750000 dollars by 2025. Similarly, city B also witnessed an upward trend in housing prices, from over 100000 dollars in 2010 to approximately 250000 dollars in 2025, at which point the figure is predicted to increase by nearly 1.5 times, at over 400000 dollar.
In light of the housing status of citizens aged 30-35, the majority of residents whose age raging from 30 to 35 was housing owners, about 70% . It was not until 2015 that the figure for owners rose by 10%, reaching 80% while the proportion of renters decreased considerably by 10%.