The chart below shows the percentage of households in owned and rented accommodation in England and Wales between 1918 and 2011.
Summarize the information by selecting and reporting the main features, and make comparisons where relevant.
The bar chart illustrates the proportion of UK owned and rented households over the course of 93 years starting in 1918.
Overall, while the percentage of people living in their in their own houses experienced an upward trend, that of renters fell quickly over the same period.
In 1918, the amount of house owners stood at just over 20%. This figure remained stable between 1939 to 1954 at over 30% and quickly rose in 1971 (50%) afterwards. An opposite trend was witnessed in household number inrented accommodation. In detail, standing at roughly 80% in 1918 and stablized at 70% from 1939 to 1953, the rate of tenants experienced a sharp decline to 50% in 1971, which was equal to that of houses owners.
During the final half of the period, families having houses accounted for 60%. This figure kept rising and reached its peak of nearly 70% in 2001 before dropping to over 60% 10 years later. In contrast, there was a considerable decrease of 10% in rented accommodation between 1981 and 2001. Then, this figure grew to nearly 40% in 2011.