"You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America"

This quote by Paul A. Volcker speaks to the concept of the American Dream and the significance of homeownership in the United States. In the past, buying a residence was seen as a great investment, as it was expected to stay on par with inflation or even be successful of it. This was seen as a way to safeguard one's economic future and was a cornerstone of the American Dream. This quote talks with the suggestion that homeownership was seen as a means to attain financial safety and security as well as stability, as well as was a vital component of the American Dream. It additionally talks with the idea that homeownership was viewed as a way to build riches as well as protected one's financial future. This quote is a reminder of the importance of homeownership in the United States and also the role it has actually played in the American Dream.