properties rented vs bought
The chart compares the percentages of properties rented with properties bought by people from England and Wales between 1918 and 2011.
In more detail, it can be found that during the first 40 years the household owned by people outnumbered the household rented considerably. However, as time moved on, the gap between these two data narrowed until 1971 when both of them equaled.
During the last 50 years, as shown in the chart, the number of properties rented went to skyrocket to a record high of nearly 70 percent, doubling the number of houses bought, and, on the other hand, the number of properties bought went low by more than 10 percent to approximately 30 percent.
All in all, the data shows that the percentage of household rented by people increased from the beginning of the chart to the end. On the contrary, the other one presented an unstoppable decline during the whole 50 years.
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