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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 12 Aug 2019
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    SF added so many taxes and fees to construction of new housing (largely in 2016) that developers just went to Oakland instead.https://www.sfchronicle.com/bayarea/article/Oakland-dominates-SF-in-housing-production-14295592.php …

    8:37 AM - 12 Aug 2019
    • 86 Retweets
    • 363 Likes
    • UnsolicitedPM USF Economics Department MUDGE Lloyd Dewolf 🐺 Erin Stumpf, Coldwell Banker / CA DRE #01706589 Sean Connor Mikhail Glushenkov Ben Southwood Stephen Pimentel
    16 replies 86 retweets 363 likes
      1. New conversation
      2. Kim-Mai Cutler‏Verified account @kimmaicutler 12 Aug 2019
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        Oakland also plans for better jobs-housing balance in its long-term planning than SF. Their downtown plan? 55K jobs & 29K housing units. https://cao-94612.s3.amazonaws.com/documents/DOSP-Preliminary-Draft-Plan_011619_rev_reduced.pdf … SF’s Central SOMA plan? 32,000 jobs, 8,800 housing units. http://default.sfplanning.org/Citywide/central_soma_plan/central_soma_Citywide_Priority_Project.pdf …

        4 replies 12 retweets 107 likes
        Show this thread
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 12 Aug 2019
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        Kim-Mai Cutler Retweeted David Garcia

        Oh, a fee study from @TernerHousing out today. CA undertaxes existing housing and over time property taxes don’t keep up with the cost of operating public systems, so instead we just tax the very small amount of new housing we build to compensate for that.https://twitter.com/davidgarcia209/status/1161052314968502272?s=21 …

        Kim-Mai Cutler added,

        David Garcia @dagarciajr
        Our California impact fee report has finally been released! You can find a link to the paper in the quoted tweet. A few important points to consider as you read through this page-turner... https://twitter.com/TernerHousing/status/1160995392361623552 …
        Show this thread
        6 replies 10 retweets 67 likes
        Show this thread
      4. Kim-Mai Cutler‏Verified account @kimmaicutler 13 Aug 2019
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        Kim-Mai Cutler Retweeted Mark Hogan

        Yep.https://twitter.com/markasaurus/status/1160938914632224768?s=21 …

        Kim-Mai Cutler added,

        Mark Hogan @markasaurus
        "while Oakland has a variety of impact fees that add up to about $65,000 a unit, the number in San Francisco is more than $165,000 a unit" The median home price in the USA is $225,000 https://twitter.com/kimmaicutler/status/1160938249885376512 …
        0 replies 1 retweet 11 likes
        Show this thread
      5. End of conversation
      1. New conversation
      2. EricaJoy‏Verified account @EricaJoy 12 Aug 2019
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        Replying to @kimmaicutler

        and the developments keep getting burned down, presumably because they are bringers of gentrification

        5 replies 1 retweet 10 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 12 Aug 2019
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        Replying to @EricaJoy

        Which increases costs and costs of insuring projects, which will eventually translate into higher rents to compensate for that risk.

        1 reply 2 retweets 26 likes
      4. 4 more replies
      1. New conversation
      2. Mark Hogan‏ @markasaurus 12 Aug 2019
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        Replying to @kimmaicutler

        I'd assume that the Oakland projects coming on the market now started well before 2016 so there is more going on than just SF fees

        1 reply 0 retweets 4 likes
      3. Steve Rhodes‏ @tigerbeat 12 Aug 2019
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        Replying to @markasaurus @kimmaicutler

        Yes, Oakland having less expensive and more available land was probably more of a factor than fees.

        2 replies 0 retweets 3 likes
      4. 15 more replies
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      2. Cyrus Farivar‏Verified account @cfarivar 13 Aug 2019
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        Replying to @kimmaicutler

        Honest q: is anyone trying to clean up/acquire the old Naval Air Station Alameda? (https://en.wikipedia.org/wiki/Naval_Air_Station_Alameda …) I ride the ferry from Oakland to SF pretty frequently and I’m always astonished at how much empty land is there.

        4 replies 0 retweets 3 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 13 Aug 2019
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        Replying to @cfarivar

        It probably costs a lot to seismically retrofit (liquefaction zone) and make resilient to climate change (sea level rise). Those costs alone may make it not feasible.

        1 reply 0 retweets 1 like
      4. 3 more replies
      1. Randy Shaw‏ @beyondchron 12 Aug 2019
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        Replying to @kimmaicutler

        Support for housing is greater in Oak as it is seen as an essential economic engine. The citywide economic benefits of building housing in SF are rarely mentioned in public hearings.

        1 reply 2 retweets 22 likes
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