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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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    1. 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 
      11 replies 54 retweets 184 likes
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    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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      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.

      9:27 AM - 6 Jun 2018
      • 42 Retweets
      • 174 Likes
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      3 replies 42 retweets 174 likes
        1. 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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        2. toddenfreude®‏ @toddx 6 Jun 2018
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          Replying to @kimmaicutler

          All the property owners don't pay enough in property taxes? I think you should qualify this a bit.

          1 reply 0 retweets 0 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jun 2018
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          Replying to @toddx

          OK, fine. Based on when they purchased their home. 50% of the property tax revenues in Alameda & Santa Clara County come from people who bought after 2010. That's who is funding the schools basically.

          0 replies 1 retweet 1 like
        4. End of conversation
        1. Design Voice Podcast‏ @designvoicepod 6 Jun 2018
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          Replying to @kimmaicutler

          So depressing, but true. Fingers crossed for mail in ballots for London Breed!

          0 replies 0 retweets 3 likes
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