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But it seems likely that government policy, which has pushed up the proportion of youngsters going to university by nearly a quarter over the past ten years, and plans to increase it from its current 43% to 50% by 2010, has also had an effect.
ECONOMIST: Education economics
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Total government spending increased by a 3.5 percent annual rate in the third quarter, after declining in nine of the past ten quarters.
FORBES: The Revised Third Quarter GDP--Better, But Not By Much
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But as weak as housing construction has been since the last quarter of 2008 (see below), over the past ten years we have started about 1.23 million houses a year while adding only about 920, 000 households per year.
FORBES: Is The Housing Recovery For Real?