# A century of homeownership and renting in England and Wales

**Published by:** [Brandon Donnelly](https://brandondonnelly.com/)
**Published on:** 2014-06-09
**Categories:** berlin, england, homeownership, housing-market, housing-policy, london, real-estate, rental, renting, uncategorized, united-states, us, wales
**URL:** https://brandondonnelly.com/a-century-of-homeownership-and-renting-in-england-and-wales

## Content

This morning while I was reading about gentrification in Berlin, I clicked through to an interesting overview of homeownership and renting in England and Wales over the last century. Here’s a video. If you can’t see it below, click here. [youtube https://www.youtube.com/watch?v=LDnGryGJ1ZA] The video starts in 1918, where the vast majority of households (77%) rented. As of 2011, this number has reversed. 64% of households in England and Wales now own their home. If you compare this housing trend to what happened in the United States and Canada, you’ll see a similarity. Although, the US was ahead in terms of promoting homeownership. They reached 50% ownership somewhere in the mid 1940s, whereas England and Wales didn’t reach this number until around 1971. All of this is an interesting reminder that our obsession with homeownership is a relatively new one. But it’s also not a universal one. The homeownership rate in Berlin is 15.6%, and it’s only 49.5% in London. People in big cities tend to rent more.

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