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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 May 2019
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    Kim-Mai Cutler Retweeted Henry Blodget

    Japan does not culturally treat housing and homeownership as a store of wealth the way America has for most of a century and as a result, all of its downstream policies like taxation, subsidies, zoning, etc. don’t enable housing to appreciate disproportionately faster than wages.https://twitter.com/hblodget/status/1133539607264550914 …

    Kim-Mai Cutler added,

    Henry Blodget @hblodget
    No rent control in Tokyo (and, perhaps, easier regulations) lead to housing supply keeping up with demand. 2BR rent still under $1,000/mo. NYC and SF take note... https://www.wsj.com/articles/what-housing-crisis-in-japan-home-prices-stay-flat-11554210002 …
    3:23 PM - 29 May 2019
    • 164 Retweets
    • 772 Likes
    • Marcus Ismael | 马尔库斯 . 伊斯马伊 Ryan Davidson Bradford Baris N Guz Jackie Xu Mark Witzke $TSLAQ is a crowdsourced short and distort Aurora Solá Matthew H. Coon
    16 replies 164 retweets 772 likes
      1. Kim-Mai Cutler‏Verified account @kimmaicutler 29 May 2019
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        For market urbanists, Japan is about as relevant a solution to our housing crisis as Vienna is for democratic socialists, which by the way, required, a *World War* to crash land values enough for acquisition. (Anytime anybody says Vienna, ask them if they wish for World War I.)

        11 replies 14 retweets 155 likes
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      2. Vance Spencer‏ @iam__vance 29 May 2019
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        Replying to @kimmaicutler

        This just isn’t true. Homes are used as a SoV/speculation vehicle in japan, and were the main contributing factor in the Nikkei crash. There’s also been many real estate bubbles since then. Low prices are caused by low wage growth and lax zoning regs that provide supply.

        1 reply 0 retweets 4 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 29 May 2019
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        Replying to @iam__vance

        What is all this then?https://amp.economist.com/finance-and-economics/2018/03/15/why-japanese-houses-have-such-limited-lifespans …

        1 reply 0 retweets 7 likes
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      2. The Dude‏ @the__dude98 29 May 2019
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        Replying to @kimmaicutler

        Wat? Japan had one of the biggest property bubbles in history

        0 replies 0 retweets 3 likes
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      1. ¯\_(ツ)_/¯‏ @adropboxspace 29 May 2019
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        Replying to @kimmaicutler

        the problem is there is no way to unmilk that cow. Strip out rent control in a city with near 0 housing construction will just mean that the current lucky poor join all the other poor while the upper middle class bid each other up. Supply supply supply supply supply.

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      1. Jason Jokerst‏ @jjokerst 29 May 2019
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        Replying to @kimmaicutler

        @jokerst_twin

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      2. Phillip Dupree‏ @phillip_dupree 29 May 2019
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        Replying to @kimmaicutler

        https://www.vox.com/2016/8/8/12390048/san-francisco-housing-costs-tokyo … This is my go-to article. It's almost like state/national-level housing policy, which facilitates ease of building new housing, keeps housing affordable. Who knew?

        1 reply 0 retweets 18 likes
      3. Mark‏ @bgjsd 29 May 2019
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        Replying to @phillip_dupree @kimmaicutler

        great article. who knew that centralized zoning works better than local one :)

        0 replies 0 retweets 2 likes
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