households in owned and rented accomodation
The chart provided compares the percentage of owning accommodation and rented ones in two regions ( England and Wales ) over the course of 93 years from 1918 to 2011. Overall, people were inclined to own a house in the past, while a reverse picture was seen from 1918 to 2011.
In 1918, the percentage of households in rented accommodation held the lion's share ( around 78% ), which was nearly fourfold the percentage of owned accommodation, at 22%. 21 years later, the ratio of rented houses decreased by roughly 9%, while, that of rentals increased by under 10%. Then, they kept that trend and made up the same rate in 1917.
In 1918, the percentage of households owning increased by 10%, which also was the percentage of households renting decreased at the same time. Over the course of 10 years from 1991 to 2001, the percentage of owning accommodation accounted for around 68%, and that of renting accommodation made up nearly 32%. After that, in 2011, the percentage of owning house lost its momentum and dropped to under 65%, while renting accommodation rebounded and held over 45%.