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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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    Kim-Mai Cutler Retweeted Kim-Mai Cutler

    Good news for single-family homeowners in SF. Your neighborhood character will be protected & your home value will either continue appreciating at $300,000 per year or hold value during the inevitable crash. But if you're looking to stay long-term? Ya gotta go to the East Bay nowhttps://twitter.com/kimmaicutler/status/1004379162751012864 …

    Kim-Mai Cutler added,

    Kim-Mai CutlerVerified account @kimmaicutler
    Reminder that there’s basically nothing in Mark Leno’s housing policy about building more housing, except for an idea that would cost $1.5B/yr & SF voters have only ever approved $410M in affordable housing bond funding ever in all of the city’s history. http://www.markleno.com/issues#housing 
    9:18 AM - 6 Jun 2018
    • 54 Retweets
    • 184 Likes
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    11 replies 54 retweets 184 likes
      1. New conversation
      2. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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        If you're in industry, you can stay if you're executive level, but rank-and-file engineers will need to move to the East Bay or leave the region. Or you gotta make sure you're the master tenant on a rent-controlled property and be OK with a perpetual background risk of eviction.

        2 replies 5 retweets 60 likes
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      3. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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        And if you can't afford the rent, you can apply for one of these housing lotteries, which are harder to win than it is to get into Stanford. Or you can overcrowd in unsafe conditions. https://www.nytimes.com/2018/05/12/upshot/these-95-apartments-promised-affordable-rent-in-san-francisco-then-6580-people-applied.html …

        1 reply 8 retweets 53 likes
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      4. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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        Because the Bay Area is actually a wealthy, gated retirement community where all the property owners don't pay enough in property taxes and therefore the system must rely on mega-corporations to keep it and the state of California financially afloat.

        3 replies 42 retweets 174 likes
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      5. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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        And then the people who got here first get mad that this entire system, which they are also part of, means that no one exactly like them who showed up in the late 1970s can afford to show up anymore.

        4 replies 10 retweets 110 likes
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      6. End of conversation
      1. New conversation
      2. Do Nothing Savage‏ @brat_tea 7 Jun 2018
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        Replying to @kimmaicutler

        Nah man. I work in architecture and there's things you people don't understand. the recession devastated our industry and lots of people left and there's labor shortages everywhere. We'd love to build more. It isn't as easy to build a shit ton of new housing as you think it is.

        1 reply 0 retweets 1 like
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 7 Jun 2018
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        Replying to @brat_tea @teabrat

        I think I've spent four years on this subject. I never said it was easy. I was pointing out that SF elected someone who has lived here for 40 years and bought in that long ago so he has no idea how expensive it is right now and how hard it is to build stuff.

        1 reply 0 retweets 0 likes
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      2. Kimberly Bryant‏Verified account @6Gems 6 Jun 2018
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        Replying to @kimmaicutler

        The East Bay is not an alternative to SF either for private homeowners or commercially. It's just as expensive as SF if not higher.

        1 reply 0 retweets 3 likes
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      1. Steve Lawton‏ @srlawton 6 Jun 2018
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        Replying to @kimmaicutler

        The East Bay ties it all together!

        1 reply 0 retweets 1 like
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      2. Justin Fagnani‏ @justinfagnani 6 Jun 2018
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        Replying to @kimmaicutler

        No no, the East Bay is terrible. San Franciscans should definitely not move here and drive up home prices before, uh... we've had a chance to buy. I hear Portland and Seattle actually build housing though!

        1 reply 0 retweets 11 likes
      3. Shane Johnson‏ @AlwaysaGoodday1 6 Jun 2018
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        Replying to @justinfagnani @kimmaicutler

        Seattle is for sure... yeah Seattle look there...

        1 reply 0 retweets 1 like
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