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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 28 May 2019
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      Kim-Mai Cutler Retweeted

      Even if you taxed all of Jeff Bezos' net worth to zero, it would compensate for a little more than 1 year of home price appreciation in SF. (I support more progressive taxation, but voters literally do not understand the scale of these problems.) https://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html … https://twitter.com/Austen/status/1133365603689934851 …

      Kim-Mai Cutler added,

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      30 replies 102 retweets 533 likes
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    2. Drew Behnke‏ @dtdunk 28 May 2019
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      Replying to @kimmaicutler

      Why is home price appreciation the important metric? McKinsey estimates $410MM a year would largely solve Seattle's problem, which seems well within a billionaire taxhttps://www.seattletimes.com/seattle-news/homeless/more-affordable-housing-only-way-to-solve-seattles-homeless-crisis-new-report-says/ …

      2 replies 0 retweets 7 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 28 May 2019
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      Replying to @dtdunk

      Homelessness & housing affordability are deeply interlinked. The more expensive homes get, the more expensive it becomes to acquire/build them to create permanently affordable housing & the more expensive rental/re-housing subsidies become to put people back into private rentals.

      11:10 AM - 28 May 2019
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        2. Drew Behnke‏ @dtdunk 28 May 2019
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          Replying to @kimmaicutler

          I get your point, but there is a redistribution of wealth in the bay area that exists to solve this problem. We just don't want do it.

          2 replies 0 retweets 1 like
        3. Kim-Mai Cutler‏Verified account @kimmaicutler 28 May 2019
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          Replying to @dtdunk

          There are many different kinds of wealth inequality that manifest in incomes (like income inequality), wealth in terms of capital/equity ownership within companies, property/real estate wealth, inherited wealth, etc.

          1 reply 0 retweets 4 likes
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        1. Paul Mohme‏ @pmohme 28 May 2019
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          Replying to @kimmaicutler @dtdunk

          CA's homeless issue is as much the result of the state's temperate climate, generous benefits and permissiveness of tent cities that attract the homeless from elsewhere as it is high housing costs

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        1. Jason F Bennett‏ @JasonFBennett 28 May 2019
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          Replying to @kimmaicutler @dtdunk

          But the reason that the appreciation is so high is that single-family unit is an outsize share of such a high population-growth area, and there's been no supply increase. Nothing will shift without concurrent changes to zoning, and we already knew that, yes?

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