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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 13 Mar 2019
    • Report Tweet
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    Kim-Mai Cutler Retweeted SF Weekly

    My guess is Supervisor Gordon Mar hosts a hearing on upcoming tech IPOs, then supports some token ADU legislation and nothing really changes on the Westside, which has lots of single-family homes and then those become worth $3-4M 10 years from now. (The end.)https://twitter.com/SFWeekly/status/1106068942156488705 …

    Kim-Mai Cutler added,

    SF WeeklyVerified account @SFWeekly
    Panic Over Upcoming Tech IPOs Prompts Hearing http://sfwk.ly/2TFot1D  pic.twitter.com/zaAtGZLgwE
    10:59 PM - 13 Mar 2019
    • 8 Retweets
    • 97 Likes
    • 🍍Tommaso Sciortino🥑 Benjamin Schneider Kris Foster Jitesh Shah Dan Grover Renée TOD-zilla Carl Franzen Stephan Baasch
    7 replies 8 retweets 97 likes
      1. New conversation
      2. Kim-Mai Cutler‏Verified account @kimmaicutler 13 Mar 2019
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        Oh, he already sponsored some token ADU legislation: https://sfgov.legistar.com/LegislationDetail.aspx?ID=3874315&GUID=DA43C51A-5FAB-4E4A-A316-7516EA6BB0C9&Options=Advanced&Search= …

        3 replies 0 retweets 18 likes
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      3. Kim-Mai Cutler‏Verified account @kimmaicutler 14 Mar 2019
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        🙄 It’s not like we didn’t warn about this 5 years ago and the political faction that Mar is a part of contributed to crushing both the affordable and market-rate pipeline in 2016 by raising fees just as construction costs and borrowing rates went up. https://www.sfchronicle.com/politics/amp/SF-s-affordable-housing-projects-hit-hard-by-13621283.php …

        2 replies 5 retweets 29 likes
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      4. Kim-Mai Cutler‏Verified account @kimmaicutler 14 Mar 2019
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        Which shortens the new housing production cycle, by making it take longer for things to pencil and then sooner for things to become economically infeasible to build. New units delivered in SF fell almost 50% last year.https://www.bizjournals.com/sanfrancisco/news/2018/12/19/housing-crisis-sf-new-home-supply-apartments.html …

        1 reply 3 retweets 17 likes
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      5. Kim-Mai Cutler‏Verified account @kimmaicutler 14 Mar 2019
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        Pro tip: look at how Vancouver does inclusionary affordable, by calculating a % of land value lift through upzoning, not SF, which lets the legislative body effectively dictate an across-the-board number, & for which there isn’t political incentive to lower it if it doesn’t work.

        4 replies 7 retweets 55 likes
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      6. Kim-Mai Cutler‏Verified account @kimmaicutler 14 Mar 2019
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        Oh nm, I see what this is actually about. This is theater to test political appetite for the city taxing employee stock options ahead of IPOs. (RIP my mentions now....)https://48hills.org/2019/03/could-sf-tax-new-ipo-wealth/ …

        4 replies 2 retweets 36 likes
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      7. Kim-Mai Cutler‏Verified account @kimmaicutler 14 Mar 2019
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        Now some people in his neighborhood are telling me he’s not as bad as Richmond supervisor Sandra Lee Fewer and that he does earnestly want to add more housing to his district. (Wait and see!)

        3 replies 1 retweet 17 likes
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      8. End of conversation
      1. New conversation
      2. ah*  🇨🇦 🇹🇼 🚀 ✈️ PhD‏ @accidentalflyer 13 Mar 2019
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        Replying to @kimmaicutler

        Well there's the 180 days lockup period, during which the economy might enter into a recession and the stock market might crash...

        1 reply 0 retweets 1 like
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 13 Mar 2019
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        Replying to @accidentalflyer

        I gave it a 10 year window.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2.  🇧🇧 🇹🇹 🇺🇸 👨‍👩‍👧‍👦 🐕 🌉‏ @eparillon 13 Mar 2019
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        Replying to @kimmaicutler

        the SFRs on the west side are already so expensive that any upzoning would have to be enormous (like 10x existing) to cause them to densify.

        1 reply 0 retweets 5 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 13 Mar 2019
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        Replying to @eparillon

        Yeah, even SB50 only takes R1/R2 up to 6 units and (rightfully) excludes the 2/3s of units that have had tenants in them over the last 7 years. http://commissions.sfplanning.org/cpcpackets/SB%2050_Memo.pdf …

        3 replies 0 retweets 2 likes
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