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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

July 9, 2009

The Washington Post staff share their picks for reading around the Web.

Why Homeowners Walk Away

University of Chicago | This study draws a few conclusions about why some people walk away from their homes if they are underwater on their mortgage, a topic long discussed in housing circles.

Productivity Swings and Housing Prices

N.Y. Fed | Most explanations for why the housing bubble emerged rest on the explosion in availability of credit. New York Fed researchers have come up with an alternate theory.

The Man Who Crashed the World

Vanity Fair | Michael Lewis explains how AIG Financial Products came to almost bring down the entire financial system.

By washingtonpost.com Editor  |  July 9, 2009; 9:35 AM ET
Categories:  Neil Irwin's Must Reads  
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