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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 29 Jan 2019
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    Kim-Mai Cutler Retweeted Yonah Freemark

    Time to re-evaluate our priors and discuss! Yonah's paper found that upzoning in Chicago mostly caused capitalization of additional value into property prices but didn't actually result in more housing construction.https://twitter.com/yfreemark/status/1090275863688605696 …

    Kim-Mai Cutler added,

    Yonah FreemarkVerified account @yfreemark
    My new article in @UrbanAffairsRev : Upzoning Chicago: Impacts of a Zoning Reform on Property Values and Housing Construction https://journals.sagepub.com/doi/10.1177/1078087418824672 …
    Show this thread
    9:05 AM - 29 Jan 2019
    • 12 Retweets
    • 39 Likes
    • griffin gaffney Hansen Qian Ed Cabrera Podcast By The Bay Martha Ekdahl Louise Auerhahn 🏳️‍🌈 Landlords For More Landlords Cody Hill Stephen Judkins
    11 replies 12 retweets 39 likes
      1. New conversation
      2. Ask Me About Prop. 15‏ @TribTowerViews 29 Jan 2019
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        Replying to @kimmaicutler

        *discrete, neighborhood upzonings. Not city-wide or regional upzonings.

        2 replies 0 retweets 13 likes
      3. Sandy Johnston‏ @sandypsj 29 Jan 2019
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        Replying to @TribTowerViews @kimmaicutler

        yeah after skimming the paper just now this is my biggest question about it. Chicago's 2013 TOD ordinance was notoriously narrow, only extending out 1/4 mile. It seems unsurprising that it might concentrate demand and thus raise prices.

        4 replies 1 retweet 4 likes
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      1. Kenneth Stahl  🌇‏ @kookie13 29 Jan 2019
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        Replying to @kimmaicutler

        So what you're saying is... we can tell NIMBYs that upzoning will make their property MORE valuable?

        0 replies 0 retweets 8 likes
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      2. Jared Ellias‏ @jared_ellias 29 Jan 2019
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        Replying to @kimmaicutler

        Chicago isn't that useful a comp for SF, is it?

        0 replies 0 retweets 1 like
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      1. Micah Weinberg‏ @mdweinberg 29 Jan 2019
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        Replying to @kimmaicutler

        My prior at least is that we’ve known that highly localized changes, even building itself, have different effects than broader-based approaches; a cautionary note for those who think we should have a very limited geography sb50 for example

        0 replies 0 retweets 5 likes
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      1. Brian Gordon‏ @GordonBrianR 29 Jan 2019
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        Replying to @kimmaicutler

        Increased property values would be expected given the addition of a new option-to-build that was added to the existing supply-and-demand equilibrium, no? And as others in this thread have suggested, the value of this option is itself a function of its scarcity.

        0 replies 0 retweets 3 likes
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      2. Sheattland‏ @SEAsheltie 29 Jan 2019
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        Replying to @kimmaicutler

        20 years ago, if you picked 10 NYC taxi medallions and said "each of these can now authorize 3 cars rather than 1", those 10 medallions would spike in value instantly, even if their owners might take a few months to buy new cars to put in service.

        1 reply 0 retweets 0 likes
      3. Sheattland‏ @SEAsheltie 29 Jan 2019
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        Replying to @SEAsheltie @kimmaicutler

        Similarly, it is such a tiny increase in permitted total supply that no one would reasonably expect it to push down the overall market price of a typical medallion.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. ANTIFA LLC supports Prop 15 and more homes!‏ @chemmefatale 29 Jan 2019
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        Replying to @kimmaicutler

        Chicago is already plenty upzoned and upzoning suburbs would definitely increase land value.. so I don't know how you can make comparisons to the Bay Area.

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