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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 19 Sep 2019
    • Report Tweet
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    Kim-Mai Cutler Retweeted Emily Badger

    “We say we want housing to be cheap and we want home ownership to be a great financial investment. Until we realize that these two objectives are mutually exclusive, we’ll continue to be frustrated by failed and oftentimes counterproductive housing policies.” -@CityObshttps://twitter.com/emilymbadger/status/1174637038424985601 …

    Kim-Mai Cutler added,

    Emily BadgerVerified account @emilymbadger
    Bernie Sanders wants to rein in landlords, speculators and flippers in the housing market, and help homeowners build wealth. Is that possible? https://nyti.ms/2QkVX4I?smid=nytcore-ios-share …
    6:06 AM - 19 Sep 2019
    • 46 Retweets
    • 233 Likes
    • Devin Boone #EVICTIONFREENYC bog witch, esq. Jitesh Shah razh Roshan Ali Oscar William Sinclair Chen Lincoln Quillian Jordan Amdahl
    8 replies 46 retweets 233 likes
      1. Ben Munson‏ @archaica 19 Sep 2019
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        Replying to @kimmaicutler @CityObs

        I was just talking with a friend last night about how my moral commitment to the first goal makes my purchasing a home seem like an ever more illogical act, given that the former would hopefully involve my asset depreciating.

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      1. markrhill‏ @markrhill 19 Sep 2019
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        Replying to @kimmaicutler @ChetanChawla @CityObs

        Excellent point. Homeowners have a vested interest in anything that could erode the value of their home equity, and they actively vote on local zoning that governs new low-cost development.

        0 replies 0 retweets 2 likes
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      1. Stanley Morrical‏ @StanMorrical 19 Sep 2019
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        Replying to @kimmaicutler @CityObs

        The idea of residential housing as a “great investment” is a relatively new idea & destructive.

        0 replies 0 retweets 0 likes
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      2. Dave Roberts‏ @davesonoma 19 Sep 2019
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        Replying to @kimmaicutler @CityObs

        Homeownership can be a sound savings method, even if runaway appreciation is stopped in its tracks. Prices rising at the rate of inflation preserves capital and affordability. Since 1900 houses have averaged 3.1% annual appreciation. We can get there again by building more.

        3 replies 0 retweets 2 likes
      3.  🚲 🚎 🥑‏ @crzwdjk 19 Sep 2019
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        Replying to @davesonoma @kimmaicutler @CityObs

        Of course houses, being relatively flimsy assemblies of lumber and drywall and OSB tend to decay over time and money constantly needs to be put into maintaining them.

        1 reply 0 retweets 1 like
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      1. Matt Maggio‏ @MaggioMatt 19 Sep 2019
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        Replying to @kimmaicutler @emilymbadger @CityObs

        Homeownership can't be a good investment in any America where there's a dire & worsening shortage of good-wage jobs that can fund buying and owning homes! 43% of past five years college grads are underemployed ("Fortune" Aug. 2018) - so potential buyers are few getting fewer.

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      2. PissedOff99‏ @NearATantrum 19 Sep 2019
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        Replying to @kimmaicutler @CityObs

        Example: he created land trusts in Burlington when he was mayor back in the 1980shttps://slate.com/business/2016/01/bernie-sanders-made-burlingtons-land-trust-possible-its-still-an-innovative-and-effective-model-of-affordable-housing-today.html …

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      1. Uriah Z Maynard‏ @uriahz 19 Sep 2019
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        Replying to @kimmaicutler @CityObs

        Agreed. Wages have to grow faster than housing costs (even in growing cities) for decades on end to make housing actually affordable. I don't see how that can overlap with rising home values. Perhaps if many homes are redeveloped as apts, limited supply will prop their value?

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