The given bar chart illustrates the comparisons of citizens aged 25-34 owning houses or renting in Britain for over eleven years. It is measured by the percentage.
Overall, the UK tended to rent houses more than buying ones in the provided period. Since 2004, the percentage of homeowners has gradually declined whereas the number of people renting increased. Remarkably, there was a comparable percentage of the two housing trends between 2011 and 2012.
In particular, homeownership reached its highest point of nearly 60% in 2004. At the end of the period, this amount roughly decreased by 25%. There was a gradual drop in homeowners from 2004 to 2009. The percentage remained stable at just above 40% between 2011 and 2012, then fell to the lowest point at just over 35% in 2014.
Nevertheless, the renters showed an upward trend over eleven years. The feature started at the lowest proportion at 20% in 2004. Over 5 years, people chosen to rent houses has risen moderately just around 12%. Home renters also stay constantly just over 40% related to homeowners, then this reached its highest point of almost 50% in 2014.