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The image presents a bar chart depicting the percentage of home ownership among different age groups in Australia from 1981 to 2011. For the age group 65+, home ownership was approximately 77% in 1981, rising to around 79% in 1991, remaining at about 80% in 2001, and slightly increasing to 82% in 2011. In the 55-64 age group, the figures were about 78% in 1981, growing to approximately 81% in 1991, maintaining around 82% in 2001, and reaching close to 84% in 2011. For those aged 45-54, the percentages were roughly 74% in 1981, escalating to about 78% in 1991, peaking to around 80% in 2001, and reaching 82% in 2011. In the 35-44 age group, home ownership was around 61% in 1981, increasing to about 68% in 1991, rising to approximately 70% in 2001, and reaching 74% in 2011. Lastly, for the 25-34 age group, the ownership started at approximately 39% in 1981, grew to about 48% in 1991, slightly increased to 50% in 2001, and remained stable at 50% in 2011.
Given the complexity of the image, the above description may not be entirely accurate.
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The graph illustrates the percentage of Australian people groups with different ages who possess a home in the years of 1981 and 2011.
Overall, It is evident that the oldest generation(65+) had more houses regardless of the decrease in percentages as years passed. Moreover, the older people got, the more houses they owned.
Starting with the youngest generation(25-34), 60% of them owned homes in 1981, followed by a decrease in the percentage to between 50% after 10 years. The same process kept happening and the percentage of people in this age slumped to below 50% in 2011. We can outline that the next groups of people whose ages were between 35 and 44 possessed more houses compared to the youngest. Similarly, the percentage of this group also indicated a decline from 70% to over 60% between 1981 and 2011.
The percentage of age groups 45-54, 55-64 and 65+ stayed between 80 and 70 percent in 1981. All three different age groups witnessed a fall in percentage but still remained between those percentages untill 45-54 age groups experienced a decrease to below 70% in 2011.
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