home ownership and renting in the UK
The pie charts compare home ownership and renting for 1991 and 2007 in percentage term.
As shown on the chart above, in 1991, the percentage of the homeowner was accounting for 60%, which was the most popular type of housing. Accordingly, the next largest sector was social renting, amounting to 23% or nearly one-third of all homes. The remaining homes were privately rented home and social housing, in which social housing took a tiny fraction (6%).
Sixteen years later, in 2007, the number had dramatically changed. The homeowner had an increase of 10% compared with the figure in 1991, accounting for 70% of all homes. Conversely, the number of social rented homes had dropped from 23% to 17%, which can explain the increase in home ownership.
The percentage of privately rented homes had remained unchanged at 11%. Therefore, it made up for the third popular type of housing. Social housing had decreased three-fold from 6% in 1991 to 2% in 2007, and it remained the least popular type of housing.