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The Chart Be

The document shows the percentage of households in owned and rented accommodation in England and Wales from 1918 to 2011. It reveals that in 1918, 22% of households owned homes while nearly 75% rented, but ownership steadily increased over time until 1971 when ownership and rental levels were equal. By 1981, homeownership increased to 60% while rental decreased to 40%, though both fluctuated somewhat in subsequent decades.
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0% found this document useful (0 votes)
33 views

The Chart Be

The document shows the percentage of households in owned and rented accommodation in England and Wales from 1918 to 2011. It reveals that in 1918, 22% of households owned homes while nearly 75% rented, but ownership steadily increased over time until 1971 when ownership and rental levels were equal. By 1981, homeownership increased to 60% while rental decreased to 40%, though both fluctuated somewhat in subsequent decades.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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the chart be;ow shows the percentage of household in owned

and rented accomodation in England and Wales between 1918 and 2011

Between 1981 and 2011, the share of households owned and leased housing in England and Wales is
prsented in bar graph.

Overall, there was one era where the percentages were the same. At the same time, the tendency to
buy a home grew as much as the demand for renting an apartment dropped.

In the initial year, households with owned housing accounted for only 22%, whereas rental houses
accounted for nearly three-quarters. Then, throughout the years, the percentage of people who
opted to purchase a home progressively climbed until it reached the same level as the percentage
who wanted to live in a rental property, which declined until it reached half in 1971.

In the eventual year, people living in rental housing decreased substantially to 40%, one-fifth fewer
than those living in owned housing in 1981. Similarly, after 20 years, the percentage of people who
own a home rose to about 70% before falling to 65 percent. On the other hand, Rental housing hit a
low of just over 30% before rebounding to account for roughly a third of the total.

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