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Housing Trends for 25-34 Year Olds in UK

The graph shows that from 2004-2014, the percentage of 25-34 year olds in the UK who owned homes dropped from nearly 60% to 35%, while the percentage who rented homes increased from 20% to nearly 50%. Initially, most people in this age group owned homes, but by 2014 renting had become more common. The data illustrates a substantial upward trend in renting and a slight downward trend in home ownership over the 10-year period.

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1K views1 page

Housing Trends for 25-34 Year Olds in UK

The graph shows that from 2004-2014, the percentage of 25-34 year olds in the UK who owned homes dropped from nearly 60% to 35%, while the percentage who rented homes increased from 20% to nearly 50%. Initially, most people in this age group owned homes, but by 2014 renting had become more common. The data illustrates a substantial upward trend in renting and a slight downward trend in home ownership over the 10-year period.

Uploaded by

Lê Ngọc Tuyền
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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  • Analysis of Housing Trends in the UK

Writing: How people aged 25-34 are housed in the UK

The line graph illustrates data about the proportion of people who possess home or
rent home in the UK over a period between 2004 and 2014.
Overall, it is important to note that there were substantial upward trends in the
percentage of Renters, while the percentage of Home Owners was dipped slightly.
An interesting point is that the highest percentage of people who own private house
at the beginning of the period, but renting a house was the most popular choice in
the last period.

The percentage of people who own a house started at nearly 60% in 2004. After
that, the percentage fluctuated and got about 55% percent in 2008. There was a
steady drop to over 40% in the following years. And the figure was at 35% in the
last year. Besides, the percentage of people renting a house stood at only 20%.
Following that, the figure climbed consistently and reaches a peak at nearly 50%.

Writing: How people aged 25-34 are housed in the UK The line graph illustrates data about the proportion of people who posses

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