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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@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 21 Jul 2018
    • Report Tweet
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    Kim-Mai Cutler Retweeted KTLA

    "Its asking price of $1.885 million represents a big windfall for the current owners, who bought the property for $61,000 in 1973."https://twitter.com/KTLA/status/1019785896407678976 …

    Kim-Mai Cutler added,

    KTLAVerified account @KTLA
    After nearly 50 years, the iconic “Brady Bunch” house in Studio City is up for sale — and the asking price is more than 30 times what the current owners paid http://on.ktla.com/lICkL 
    9:38 AM - 21 Jul 2018
    • 5 Retweets
    • 42 Likes
    • Theo, Yes on Prop 15 this November Mike Chen 陳懋華 Mary Kate Bacalao ah* 🇨🇦🇹🇼🚀✈️ PhD Steve Lawton Paul Roales Jack Sedaris Kyle Russell An OC mask wearer (there are dozens of us)
    5 replies 5 retweets 42 likes
      1. New conversation
      2. sanderson.eth‏ @San_person 21 Jul 2018
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        Replying to @kimmaicutler

        5.2x gains when adjusted for inflationpic.twitter.com/tHvzuAC853

        1 reply 0 retweets 2 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 21 Jul 2018
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        Replying to @San_person

        Did median wages 5.2X from 1973 in Studio City?

        1 reply 0 retweets 1 like
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      1. New conversation
      2. suldrew‏ @suldrew 21 Jul 2018
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        Replying to @kimmaicutler

        And pay 1978 property taxes

        1 reply 0 retweets 4 likes
      3. muckdog‏ @muckdog 21 Jul 2018
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        Replying to @suldrew @kimmaicutler

        The new owners will pay property taxes based on the $1.885M! Average length a person owns a home is about 9 years. A little more than that recently because people upside down in mortgage after last recession, but with the economy booming that’s not an issue now.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Brad Taft‏ @bradtaft 21 Jul 2018
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        Replying to @kimmaicutler

        8% per year, return on a 61k asset for 47 years. Not inflation adjusted. Is that worse than the stock market, which is often quoted as 7% after inflation? Not saying that housing should be treated as an investment, but since it is in the US, that return isn't astronomical.

        3 replies 0 retweets 1 like
      3. Brad Taft‏ @bradtaft 21 Jul 2018
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        Replying to @bradtaft @kimmaicutler

        if you just treat housing as housing, 5x in 2018 dollars what it was in 1973 dollars. Probably a different income bracket moving in this time

        1 reply 0 retweets 2 likes
      4. 1 more reply
      1. Danny Howard‏ @dannyman 21 Jul 2018
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        Replying to @kimmaicutler

        Yeah that rate of appreciation isn't exactly news in California. :/

        0 replies 0 retweets 1 like
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      1. Ben Munson‏ @archaica 21 Jul 2018
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        Replying to @kimmaicutler

        My grandfather paid 2300 for his house in 1939... in 2012 we sold it for 230,000.... but it took 70+ years

        0 replies 0 retweets 0 likes
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