The bar graph illustrates that the proportion of households owning and renting accommodation in the UK over the year from 1918 to 2011.
Looking at the chart closely, one can see that the number of people who owned their houses gradually increased between 1918 and 2001. By contrast, the proportion of households in rented accommodation declined from about 77 percent in 1918 to 31 percent in 2001. In 2011, the gap between owning and renting houses in England and Wales had narrowed slightly compared to 2001. Also, it should be mentioned that the share of households in rented accommodation was the highest over the 93-year period since it accounted for nearly four-fifths of the total households. However, it consistently decreased, which finally became equal to the figure for owning houses in 1971. Meanwhile, the number of people who had houses rose, surpassing the number of households in rented by 1981.
Overall, It is evident that both of the figures fluctuated over the 93-year period, while a downturn can be seen for the percentage of households in rented, the number of people who owned houses shows an upward trend.