Tenure types of London households over time (1961-2020)
The proportion of London households which are owner-occupied has increased since the 1960s. Rates of home ownership peaked at 57.2% in 1991, before stabilising between 49% and 53% in the last decade.
A similar trend is found amongst households that were socially rented, which peaked in 1981 at 34.8%. In the following decades, the proportion of socially rented households has slowly fallen to 20.7% in 2020.
The trend for privately rented households went in the opposite direction in the 1980s until the early 2000s. Starting at 45.5% in 1961, the proportion of private rented households was its lowest point at 13.9% in 1991, after which, the proportion increased rapidly until 2011 (26.4%) and is now 26.6%.