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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. Saikat Chakrabarti‏ @saikatc 9 May 2019
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      Saikat Chakrabarti Retweeted Bloomberg CityLab

      Techies concerned with solving the housing crisis in SF often make the case for building more, but maybe "increase wages" should be the main rallying cry.https://twitter.com/CityLab/status/1126670338698485760 …

      Saikat Chakrabarti added,

      Bloomberg CityLabVerified account @CityLab
      A new analysis finds that liberalizing zoning rules and building more housing won’t solve the urban affordability crisis alone. In fact, they may even exacerbate it. https://trib.al/9X0TWbv 
      80 replies 29 retweets 182 likes
      Show this thread
    2. Hyperlexic‏ @Hyper_lexic 10 May 2019
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      Replying to @saikatc

      Median household income has almost tripled in San Francisco in the last 25 years. More wages are always good but if that’s just chasing the same housing, all the money goes into the pockets of homeowners.pic.twitter.com/aKiq8EqnUI

      1 reply 1 retweet 165 likes
    3. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @Hyper_lexic @saikatc

      ☝🏻☝🏻☝🏻☝🏻 this.

      1 reply 0 retweets 51 likes
    4. Saikat Chakrabarti‏ @saikatc 10 May 2019
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      Replying to @kimmaicutler @Hyper_lexic

      How much of this has been due to a change in who is living in SF? Actually curious about this.

      1 reply 0 retweets 4 likes
    5. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @saikatc @Hyper_lexic

      SF has actually been able to hold its $0-50K range steady over the last 15+ years because we do have deed/income-restricted units for that level. We don't have a way to produce deed/income-restricted units for middle-income however bc federal programs don't support it.pic.twitter.com/USBJXReqPc

      2 replies 0 retweets 29 likes
    6. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @saikatc @Hyper_lexic

      When you combine local subsidy with federal/state programs, projects end up trending toward lower AMI because that's what those programs support. If you want to do middle-income, it can cost more in terms of local taxpayer dollars bc of lack of state/federal support.

      2 replies 0 retweets 23 likes
    7. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @saikatc @Hyper_lexic

      Whenever the Bay Area has tried to do middle-income, you do have to rely more on market-rate to cross-subsidize. That usually has become highly politicized between low & middle-income advocates and so usually nothing gets done and we just hemorrhage more middle-class workers.

      2 replies 0 retweets 4 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @saikatc @Hyper_lexic

      de facto situation is... taxpayer subsidies for low-/very-low-income units, and market-rate (no taxpayer subsidies) to ease impact on the middle-class regionally. Or create a custom middle-income program, which @supervisortang tried to do but was watered down to ineffectualness

      3:34 PM - 10 May 2019
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      • Jesse Anttila-Hughes Henry
      0 replies 0 retweets 3 likes

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