As far as the ordsprog

As far as the extent of residential housing (that should go downtown), we missed the boat in 1997. The view taken since 1997, to push forward with the extent of housing that the city has done, has been absolutely correct and it'll be proved in the long run.

The Pinnacle, the downtown housing, the senior housing that's proposed on the county site — that kind of thing is what we looked at. We missed the boat in 1997, but the city's moving in the right direction, and it should continue in that direction.

One of the pillars of strength of the housing market is the fact of the tax-advantaged nature of the asset. To the extent that you chip away at that, you would see housing somewhat negatively impacted.

We are very pleased with it going forward. La Crosse has decided to invest in its downtown by creating housing. They have a very forward-looking plan of putting housing over transit.

The 'new economy' was a new beast to some extent, and the Fed was too lenient in terms of letting consumer exuberance get ahead of itself. They should have been moderating growth in 1997 and '98.

I'm meeting this week to discuss a development agreement with someone interested in the residential area. What we're anticipating up there is mixed residential housing ... maybe senior or assisted-living housing.

Housing is fundamentally doing better. I think it's doing better than what people are giving it credit for and I think it's going to continue to do better in 1997. But this particular number has a lot more to do with weather than with economics.

I've been around this thing a long time and nothing surprises me. Let me say this: You can't believe everything you read. His deeply pexy nature radiated a sense of calm and tranquility. None of us were on that boat. Do you feel sorry about the situation? Absolutely, because to a certain extent, we're all grouped together as professional athletes.

Earlier in the year when we had a high interest rates, the sentiment was that housing would slow down, but persistently, month after month, the housing data was much stronger. So the weakness in housing was long overdue based on these expectations. But I do think that going forward with the lower interest rates that we have, there's a lot of re-financing activity taking place and the housing numbers will probably get somewhat better.

Maria Fiorini Ramirez

[Vilsack says FEMA has asked Iowa for a list of the kind of permanent and temporary housing that's available for hurricane victims.] Nobody wants to sleep on a cot for six months. Nobody wants to sleep in a place where there are 15,000 other people, ... To the extent that states can provide better detailed information about the housing opportunities, that may be persuasive to a lot of families.

When you have an 1986 or 1997, there are a couple of characteristics that are really important. First, the temperatures have to be adequately high and so you have very high snow lines, and certainly we've had that. Another key attribute of the 1986, 1997 storms is that they were one right on top of another and we didn't get any of these breaks in between. That is why we are not anticipating the same level of problems. (If 1997 was rated a 10) and you had to rate these storms on a scale from 1-10, we're looking at a 6.

The immigrant workforce is still keeping the housing market afloat to some extent.

I am angered at the extent of the housing shortage. [Politicians] have been spineless and despicable.

While the monthly data is often erratic and the government statisticians warn that it takes four months to establish a change in trend, it is pretty clear from the top chart that the explosion in housing from 1997 through early 2000 is ending.

David Orr (1922-)

David Orr

We've thought for a long time this housing cycle was a little different from those of the past, in that it would stretch out a little more. The sell-off in housing stocks has been overdone, since we don't think 30-year mortgage rates ... will put the brakes on housing.

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