The data comes from the UK labour force survey which can be accessed through the UK data service - https://ukdataservice.ac.uk/. The visualisation was made using ggplot2 in R.

Who takes a guess what would be the cause

People just don't want to own homes anymore /s

15-19 year olds overwhelmingly rent? Seems dubious, given that the majority of that group is in high school...

Why? People living with parents shouldn't show up, and unless your parents are very rich barely any 18 year old has enough money to buy nowadays.

> People living with parents shouldn't show up

Why shouldn't they? There is a "Rent free" category.

Because the number of people in that group in this data is miniscule - here's the tweet showing how many people are in each age bamd

More so they're being bought to be rented than not wanting to own. Living under a landlord is my life's greatest bane.

Zoomers love the flexibility and freedom of renting a room. It allows them to job hop, do gig work and zero hour contracts as they develop a multifaceted skill set. But what they are really doing is undermining the British economy by not engaging with the housing market, risking a slow down of the hard earned gains of the older generations. Zoomers are selfish.

Please tell me this is /s

The UK makes it extremely difficult to build homes. It is probably the most NIMBY country in the world. Landowners have no right to build anything; everything must be approved on a discretionary basis by the local council.

I like this animated chart. Well done. My only input would be to maybe see how it changed year-by-year if that data exists instead of the endpoints of the 20-year span.

~45% owning a home at 25-29 feels super high. I’m in the US at the higher end of that range with relatively well off friends and very few of them own

Data appears funny. Are they counting household or individuals? Ie, if children bought home with a mortage and the 85+ lives with children, what category is it in?

Give me one good reason why this data is animated instead of side by side 🤦🏻

don't know how it works in the UK but, sounds like geriatric squatters

You are both right. I removed people who were dependents of the head of the household. But most 15-19 yr olds are with parents many of whom have a mortgage. Here is a version of the chart with them included. I wanted to get to think more about people paying the bills. Very few 15-19 yr olds are not dependent - https://twitter.com/JonathanBoys/status/1596078094422769664

The data exists but it will look identical. There are 4 quarters of data a year so 80 datasets of 40-80k people all just to make a chart that would look the same. Also it would take so long for the transition to happen. anything less than a second per frame and you wouldn't be able to read what year it is. You would get really bored if this chart (remember it will look the same) took 20 seconds to transition.

It's more like 40% but I removed dependents so people living with parents. It will be lower than that still. But the chart is internally consistent and the point is that wherever the absolute levels lies it has fallen over two decades.

One good reason. Because it looks really cool.

Do zoomers have a choice? You seem to conclude they all chose flexibility over investing in the housing market?!

How many zoomers do you know are actually capable to buy in the UK and DECIDED not to?

I really like this representation and the cyclic movement! Thanks!

They top from the bottom. /s

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All of them. It's why they are called zoomers... They are fast and nimble and live for flexible lives. Zoomers won't have roots. Zoomers chose the life of the road, of being deliveroo riders and sofa surfers. Every. Single. One. Of. Them.

You really think a WHOLE generation ("Every. Single. One. Of. Them.") has the ability to buy a home? A burger flipper can buy a house?

Man most deliveroo riders I know do this because they need to pay bills, not because it's a career choice. And most of all, being a deliveron rider doesn't make you able to buy a house.

>It's why they are called zoomers...

Dude, they're generation Z and called Zoomers in reference to Boomers.

I mean, I read in other comments of yours that you're a teacher. I hope you do a little more research before teaching kids.

I just hope this whole thing was a joke because I fear for UK's education now.

2002 the 70ish were the ones with the most self owned homes, 20 year later it is the 85+... That is not so surprising, is it? Probably in the seventies it was easier to afford houses?

In 2002 there was a peak of home ownership in people aged 70-74. In 2022 those people are aged 85+.

Older people didn’t buy more homes. The age bracket with highest home ownership got older.

Nope. You are wrong. They are called zoomers because they go from A to Z so quickly... They are already at Z.

Always on the move, zipping and zapping, zigging and zagging. Zoomers.... Faster than a Yoomer.

The burger flipper can buy a house if they go freelance and get paid per flipped burger. They'd zoom through it and increase their earnings significantly. Or they could set up a spatula subscription service where people will receive a spatula whenever they need to flip a burger. A corn starch plastic disposable spatula.