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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 5 Jul 2019
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    Kim-Mai Cutler Retweeted Shane Bauer

    The #1 cause of homelessness in SF, according to interviews of people without housing and the comprehensive point-in-time count out today, is job loss. It's bad the count went up during a boom, but don't fool yourselves into believing that it wouldn't get worse in a downturn.https://twitter.com/shane_bauer/status/1147197354401042433 …

    Kim-Mai Cutler added,

    Shane BauerVerified account @shane_bauer
    The weird thing about living in the Bay Area is that the prospect of an economic recession is a dream for many of us.
    Show this thread
    11:04 PM - 5 Jul 2019
    • 71 Retweets
    • 347 Likes
    • T Wolf RD Ogg Hope Henderson OliWhail 🐳🧠🤖 Andrea Hernández🙏🏽 It's a Yangful Life 🧢☂️ Luis Villa Rui Marques Nicolas Keller
    12 replies 71 retweets 347 likes
      1. New conversation
      2. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        http://hsh.sfgov.org/wp-content/uploads/FINAL-PIT-Report-2019-San-Francisco.pdf …pic.twitter.com/if5dBOsh60

        2 replies 9 retweets 35 likes
        Show this thread
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        .@BettyYeeforCA, the state controller, warned last month that in a recession, housing costs may continue to rise even with layoffs. At the same time, both state & local govts would have to make hard choices on cutting housing assistance vs. other programs. https://www.sco.ca.gov/2019_06summary.html …pic.twitter.com/KFCezpwgfc

        1 reply 3 retweets 27 likes
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      4. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        Last time, we had to close a $41 billion hole. Unlike a decade ago, the state has a rainy day fund now. But its revenue structure is still highly volatile and unpredictable.https://www.nytimes.com/2009/02/20/us/20california.html …

        2 replies 3 retweets 17 likes
        Show this thread
      5. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        Guess what got cut and never returned to pre-recession levels? SSI/SSP or cash assistance to low-income seniors and Californians on disability, among other things.https://calbudgetcenter.org/blog/state-funding-ssi-ssp-remains-recession-era-levels/ …

        2 replies 4 retweets 35 likes
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      6. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        Also, how would a recession with You-Know-Who in charge of the U.S. economy be better than 2008?

        3 replies 3 retweets 21 likes
        Show this thread
      7. End of conversation
      1. New conversation
      2. Shane Bauer‏Verified account @shane_bauer 5 Jul 2019
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        Replying to @kimmaicutler

        No, but housing cost would certainly decline.

        5 replies 0 retweets 1 like
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Jul 2019
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        Replying to @shane_bauer

        relative to incomes? and relative to the income segments that you probably care about?

        1 reply 0 retweets 16 likes
      4. 8 more replies
      1. New conversation
      2. Alfred Twu‏ @alfred_twu 6 Jul 2019
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        Replying to @kimmaicutler

        It's a classic example of survivor bias. The ones who lost their jobs in 2008 aren't here anymore, while the ones who kept their jobs remember a time when housing was cheaper. Those who went on partial furlough (remember all the Friday closures?) have mixed experiences.

        2 replies 0 retweets 15 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Jul 2019
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        Replying to @alfred_twu

        people forget that recessions are basically a shopping spree on cheap assets for some subsets of capital too.

        1 reply 0 retweets 17 likes
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      2. Walter Thompson‏Verified account @YourProtagonist 5 Jul 2019
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        Replying to @kimmaicutler

        Dreaming that a devastating recession would level the playing field for housing in SF is... a novel approachpic.twitter.com/L4HfycpOsB

        0 replies 0 retweets 14 likes
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