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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 16 Aug 2019
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      Replying to @LeeHepner

      Pretty much all the current ways that CA cities have to raise $ for affordable housing are structurally dependent on a parallel 10-1000X increase in the value of the existing housing market. Bonds only grows larger w/ more property tax revenues to bond against, inclusionary, etc.

      2 replies 0 retweets 9 likes
    2. imperfect produce  🍃‏ @LeeHepner 16 Aug 2019
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      Replying to @kimmaicutler

      Well, at least Prop 13 reform is beginning to look like more than a mere pipe dream...

      1 reply 0 retweets 0 likes
    3. Mark Hogan‏ @markasaurus 16 Aug 2019
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      Replying to @LeeHepner @kimmaicutler

      really? Did I hear that the ballot measure is going to be postponed but improved?

      1 reply 0 retweets 0 likes
    4. Kim-Mai Cutler‏Verified account @kimmaicutler 16 Aug 2019
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      Replying to @markasaurus @LeeHepner

      it's polling well and at the same time, the re-filing was expected and planned for.

      1 reply 0 retweets 2 likes
    5. Kim-Mai Cutler‏Verified account @kimmaicutler 16 Aug 2019
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      Replying to @kimmaicutler @markasaurus @LeeHepner

      that said split roll in and of itself doesn't solve the housing crisis and it may aggravate things in the medium term because it will make it even *more* attractive for CA cities to build office and not housing.

      1 reply 0 retweets 3 likes
    6. Brian EdwardsTiekert‏ @bedwardstiek 16 Aug 2019
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      Replying to @kimmaicutler @markasaurus @LeeHepner

      Right, it's a revenue play -- it only impacts housing insofar as the resulting $ get ploughed back into affordable housing. But a success would almost certainly prompt serious campaigns to whittle away at the other parts of prop 13, no?

      1 reply 0 retweets 1 like
    7. imperfect produce  🍃‏ @LeeHepner 16 Aug 2019
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      Replying to @bedwardstiek @kimmaicutler @markasaurus

      Cautious of the “revenue play” characterization in light of fundamental fairness motive, but yeah. Curious, how does it incent office dev in the mid-term? Most criticism characterizes it as a threat to industry growth, but maybe I’m missing the galaxy brain implications.

      1 reply 0 retweets 0 likes
    8. Brian EdwardsTiekert‏ @bedwardstiek 16 Aug 2019
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      Replying to @LeeHepner @kimmaicutler @markasaurus

      The theory is that if local government gets more net tax from office space than residential, it will have an incentive to zone for more office space than residential.

      2 replies 0 retweets 2 likes
    9. imperfect produce  🍃‏ @LeeHepner 16 Aug 2019
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      Replying to @bedwardstiek @kimmaicutler @markasaurus

      Ahh, right, tho SF's payroll tax break netted a ~$64M revenue loss to attract more office to the city, indicating other variables - including sensitivity to economic downturns - are also drivers behind what gets approved. A jobs-housing linkage would help avoid add'l imbalance!!

      1 reply 0 retweets 1 like
    10. Brian EdwardsTiekert‏ @bedwardstiek 16 Aug 2019
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      Replying to @LeeHepner @kimmaicutler @markasaurus

      Yeah, but new office development also spins off new property taxes. Office workers spin off sales taxes. And office development places much less demand on expensive city services than residential development does.

      1 reply 0 retweets 2 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 16 Aug 2019
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      Replying to @bedwardstiek @LeeHepner @markasaurus

      if you export the workers to other cities, you don't have to pay for schools, police or fire for them.

      2:36 PM - 16 Aug 2019
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        1. imperfect produce  🍃‏ @LeeHepner 16 Aug 2019
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          Replying to @kimmaicutler @bedwardstiek @markasaurus

          look, all I'm saying is we can do better than 20:1 market rate:affordable housing developments with 277 new parking spots, and it's not about displacing Amoeba and it's not about alleged spurious intentions of the objecting party. also, insert some form of jobs-housing linkage :)

          0 replies 0 retweets 1 like
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        2. Next door in Silicon Valley‏ @nextdoorsv 16 Aug 2019
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          Replying to @kimmaicutler @bedwardstiek and

          Every California city should just optimize and become nothing but an auto mall.

          2 replies 0 retweets 7 likes
        3. imperfect produce  🍃‏ @LeeHepner 16 Aug 2019
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          Replying to @nextdoorsv @kimmaicutler and

          SF eliminated parking minimums. The city banned garages on alleyways & banned new curb cuts on commercial corridors. We're about to vote on a tax to generate funds for non-automobile transport & reduce congestion. But I get it, cynicism is a helluva drug!

          0 replies 0 retweets 2 likes
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