[Regulator]

Yeah. Note the high point in 1985-86, when Volcker destroyed the hopes of a generation for home ownership.

At 16% mortgage rates, the SOB made sure that no new buyers could get into the market.

Been there, remember that.

All in the name of killing inflation. Of course, in the process, he destroyed the economy, which only kept going because Reagan borrowed heavily for defense spending.

Yessirree, these guys is Big Geniuses.

[Buckeye McFrog]

Note the high point in 1985-86, when Volcker destroyed the hopes of a generation for home ownership.

That was an Epic Fail. His goal was to destroy the Reagan Presidency.

[Freedom_Is_Not_Free]

Volcker got us out of that recession quickly and there was 25 years of prosperity beginning with Reagan. The medicine was painful but it cured the economy. Now we have an economic depression to go wbith our low low mortgage rates, if you can find a paying job and save up the down payment.

[Fhios]

You’re timing is off. Interest rates starting peaking for Jimmy Carter and because of the laffer type, it extended into RR term for the first year or so. I knew people with 19% apr home loans. By 1985 My fixed rate home loan was 7 1/4 %.