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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. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      Prop 13 made state college literally 1000% more expensive but homeowners also "need" Prop 13 to help leverage their home value to pay their kids' skyrocketing tuition. hmmm I wonder if someone is profiting off of this outcome

      2 replies 16 retweets 130 likes
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    2. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      seriously, the drive to keep our financial sector fed and happy is gobbling our entire society wholepic.twitter.com/ZOnpJI0ZlQ

      3 replies 3 retweets 44 likes
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    3. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      our deregulated financial system created a housing bubble that immiserated aspiring homeowners then pushed them into the rental market, and our "recovery policy" to juice finance has exclusively benefited the home- or land-owners who emerged unscathed... https://blogs.cornell.edu/cradle/2019/02/11/what-the-federal-reserve-got-totally-wrong-about-inflation-and-interest-rate-policy-getting-real-about-rents/ …pic.twitter.com/daH84YHr0C

      1 reply 3 retweets 27 likes
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    4. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      ...which in turn led to hella high market-rate rents on new development (the word is "sticky", which is econspeak for "they don't go down easily despite what urbanists want to think"). housing 👏 isn't 👏 toothbrushes 👏pic.twitter.com/0X1cFNeABe

      1 reply 2 retweets 23 likes
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    5. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      (I feel a lil validated that the financial macroecon genius people mentioned that landlords offer "first month free" perks on new rentals because they *can't meaningfully reduce rents* and pay off their loans. when I say that to put MR housing in its place, everyone yells at me)

      1 reply 0 retweets 17 likes
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    6. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      anyway, there's a lot more that goes into why housing prices are the way they are or why things get built or don't get built, than most of the lazy "econ 101" explanations that show up on Twitter

      1 reply 0 retweets 17 likes
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    7. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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      nancy pelosi's endorsements guy 🌹 Retweeted  🌹Revolutionary 💥Clown 🍉

      evergreen tweet:https://twitter.com/revclown/status/1003684900061437952?s=21 …

      nancy pelosi's endorsements guy 🌹 added,

       🌹Revolutionary 💥Clown 🍉 @RevClown
      Replying to @RevClown @sbuss
      oh, and higher interest rates too. the logic of looking at housing policy through the lens of 'feasibility' is anchor yourself to the economic fundamentals driving the developer's decisions and start racing to the bottom to respond to those factors.
      2 replies 0 retweets 6 likes
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    8. Mark Hogan‏ @markasaurus 1 May 2019
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      Replying to @uhshanti

      it's almost as if juicing the stock market and ensuring the inflation of asset prices by keeping interest rates extremely low for a decade produces winners AND losers

      2 replies 1 retweet 8 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 1 May 2019
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      Replying to @markasaurus @uhshanti

      It’s almost as if America signed itself up for a postwar system that is forever reliant on ever rising housing prices and when its political economic system couldn’t handle a correction 10 years ago, it flooded global markets with capital to resuscitate said system.

      11:14 PM - 1 May 2019
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      • A. Stallings Diana Fred Sharples ira Amanda Kolson Hurley jesse reiss Mark Hogan Next door in Silicon Valley aditi “stay the fuck home” rao
      2 replies 2 retweets 15 likes
        1. nancy pelosi's endorsements guy 🌹‏ @uhshanti 1 May 2019
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          Replying to @kimmaicutler @markasaurus

          and they ask why all the kids are doing socialism

          0 replies 0 retweets 9 likes
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        1. Mark Hogan‏ @markasaurus 2 May 2019
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          Replying to @kimmaicutler @uhshanti

          Housing prices have not always gone up... but the system was not designed to benefit everyone https://detroit.curbed.com/platform/amp/2019/4/26/18516744/economic-segregation-detroit-redlining-home-values?utm_campaign=detroit.curbed&utm_content=entry&utm_medium=social&utm_source=twitter&__twitter_impression=true …

          0 replies 1 retweet 4 likes
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