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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 27 Dec 2018
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      Kim-Mai Cutler Retweeted Curbed SF

      Also, SF’s housing production fell by more than half in 2018 from 4,895 homes in 2017 as construction costs skyrocketed and after voters passed Jane Kim’s Prop. C, which raised affordability requirements to such a high level that projects ceased to pencil. https://www.bizjournals.com/sanfrancisco/news/2018/12/19/housing-crisis-sf-new-home-supply-apartments.html …https://twitter.com/CurbedSF/status/1078325885055291392 …

      Kim-Mai Cutler added,

      Curbed SFVerified account @CurbedSF
      SF adds 6,500 residents, 2,200 homes in 2018. https://sf.curbed.com/2018/12/26/18156488/sf-california-population-estimate-2018 … pic.twitter.com/DJYoN2dNx2
      14 replies 123 retweets 396 likes
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    2. Kim-Mai Cutler‏Verified account @kimmaicutler 27 Dec 2018
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      More context on how Prop. C (not the homelessness measure from this year but the one from 2016) negatively impacted the affordable housing pipeline despite being a measure that was explicitly about increasing affordable housing:https://www.spur.org/news/2018-11-08/how-has-san-francisco-run-out-money-affordable-housing …

      6 replies 25 retweets 95 likes
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      Kim-Mai Cutler‏Verified account @kimmaicutler 27 Dec 2018
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      We effectively tax new housing (which we don’t build very much of) to create affordable housing. Meanwhile, we protect financial returns on existing housing to the fullest extent possible, even making those protections inheritable. https://www.latimes.com/politics/la-pol-ca-california-property-taxes-elites-201808-htmlstory.html …

      12:10 PM - 27 Dec 2018
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      • konobi Eric Wooley ira Sean David Childers Andrew "Anti-Fascist" Bushnell i want to be free Mike C Shinkansen Rowhouse Chris Ginter
      7 replies 36 retweets 135 likes
        1. Kim-Mai Cutler‏Verified account @kimmaicutler 27 Dec 2018
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          All of these incentives conspire to create a system where our limited construction labor pool is far more focused on renovations (which are more intensive and turn previously accessible housing into luxury-priced housing) than new builds. https://www.buildzoom.com/blog/whats-up-with-construction-costs …

          2 replies 9 retweets 67 likes
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        1. Kenneth Stahl  🌇‏ @kookie13 27 Dec 2018
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          Replying to @kimmaicutler

          You would figure that the folks pushing for inclusionary zoning would also push for more housing, bc that way they get more affordable units. When they don't, it tells you IZ is more about punishing developers than actually bldg affordable housing.

          0 replies 0 retweets 8 likes
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        1. Neil Mackenzie‏ @mknz 27 Dec 2018
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          Replying to @kimmaicutler

          Post 1979 housing is particularly protected since it is not subject to rent control. Regardless of the societal merits of rent control it does provide individual benefits

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        2. Anshu Skyflow  🌶‏ @anshublog 27 Dec 2018
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          Replying to @kimmaicutler

          Capping all Prop 13 rebates to only the first $1m (or $2m) in home value would be a good to first good step. People with $4.9m homes don’t need help. @Scott_Wiener - what do you think?

          1 reply 0 retweets 0 likes
        3. Arjun‏ @a_r_j_u_n_e 28 Dec 2018
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          Replying to @anshublog @kimmaicutler @Scott_Wiener

          “Why should ‘millionaires’ get a pass on taxes?” - will be the ‘grassroots campaign’ slogan funded by realtors and big property owners

          0 replies 0 retweets 0 likes
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        1.  🐐QuirkyLlama 😾 🎩‏ @quirkyllama 27 Dec 2018
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          Replying to @kimmaicutler

          Great point. One thing I'd add is that rent control is essential the same mechanism. It's a tax on existing rental owners + new rental developments, while letting homeowners pay nothing.

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        1. sachinmonga‏ @SachinMonga 28 Dec 2018
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          Replying to @kimmaicutler

          This is such a succinct explanation of the housing crisis in San Francisco. 👏🏽👏🏽👏🏽

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        1. Am I pretty enough to get that for free?‏ @davantagedupain 1 Jan 2019
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          Replying to @kimmaicutler

          It's such a weird thing to see tenants want low rent but don't want developers to build homes. It's like I want to eat beef, but I don't want the evil ranchers to make any money. How are the Nymbys able to persuade the tenants to go along?

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