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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. Scott  🌹‏ @scottsjackson84 17 Nov 2018
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      Replying to @IDoTheThinking @TribTowerViews and

      If you’ve attended a hearing I think you’ll see YA and Housing Action are at the extreme end of negotiating down BMR at every corner.

      1 reply 0 retweets 0 likes
    2. 𝔇𝔞𝔯𝔯𝔢𝔩𝔩  🍫 𝔒𝔴𝔢𝔫𝔰‏ @IDoTheThinking 17 Nov 2018
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      Replying to @scottsjackson84 @TribTowerViews and

      Considering 2016 Prop C's role in cutting down BMR production and the effect impact fees are having on increasingly dwindling pipelines, pushing back against unstudied affordability mandates because of politically pleasing numbers is good. X% of 0 units = 0 affordable housing.

      2 replies 0 retweets 12 likes
    3. Michael Tae Sweeney‏ @mtsw 17 Nov 2018
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      Replying to @IDoTheThinking @scottsjackson84 and

      so much of the discourse around this is premised on a misunderstanding of real estate development being a wildly profitable endeavor rather than a cutthroat low margin one

      3 replies 5 retweets 23 likes
    4. a neighborhood character‏ @Maxtropolitan 17 Nov 2018
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      Replying to @mtsw @IDoTheThinking and

      More like a cutthroat high risk high return endeavor.

      1 reply 0 retweets 5 likes
    5. Michael Tae Sweeney‏ @mtsw 17 Nov 2018
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      Replying to @Maxtropolitan @IDoTheThinking and

      i mean a bunch of real estate development companies are publicly traded and publish annual reports. you can check the margins if you don't believe me.

      1 reply 0 retweets 9 likes
    6. a neighborhood character‏ @Maxtropolitan 17 Nov 2018
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      Replying to @mtsw @IDoTheThinking and

      Margins being tight and the people running the show getting filthy rich are not mutually exclusive situations.

      2 replies 0 retweets 6 likes
    7. Michael Tae Sweeney‏ @mtsw 17 Nov 2018
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      Replying to @Maxtropolitan @IDoTheThinking and

      of course but the point is that there aren't necessarily huge surpluses of profit in most developments that can be redirected to BMR housing without making the project uneconomic

      1 reply 0 retweets 8 likes
    8. This Tweet is unavailable.
    9. Michael Tae Sweeney‏ @mtsw 17 Nov 2018
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      Replying to @markasaurus @Maxtropolitan and

      one of the reasons I prefer direct provision to IZ is because you can do it as counter-cyclical stimulus to keep construction equipment and labor productive in downturns, while IZ makes housing construction even more pro-cyclical than it already is

      3 replies 2 retweets 27 likes
    10. lacuna matata‏ @upwithppl 17 Nov 2018
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      Replying to @mtsw @markasaurus and

      agreed, but also re: your point about inefficiency vs taxing per market rate unit, that's true but it depends on the tax. IZ spreads the per unit subsidy across all the units in a market rate project, making it sometimes more efficient than taking a tax & building 100% affordable

      2 replies 0 retweets 2 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 17 Nov 2018
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      Replying to @upwithppl @mtsw and

      We should spread it over alllll real estate, not just the 2K units we produce a year.

      10:45 AM - 17 Nov 2018
      • 17 Likes
      • TOD-zilla Josh Snyder Chris Garrett Kevin Morsony Ian Monroe Voting Yes On Prop 15 lacuna matata Mark Hogan Ask Me About Prop. 15
      1 reply 0 retweets 17 likes
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        2. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Nov 2018
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          Replying to @peterjgowan @mtsw and

          Split roll is happening on the ballot in 2020. All strategic ideas welcome.

          1 reply 0 retweets 12 likes
        3. 4 more replies
        1. lacuna matata‏ @upwithppl 17 Nov 2018
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          Replying to @kimmaicutler @mtsw and

          oh no, i agree. i'm just counterposing two models based on one theoretical project

          0 replies 0 retweets 1 like
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