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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 Jan 7
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      Big Tech is already fueling a lot of the leasing in the city, pushing other cos out. With this effective office space ban likely to pass and existing commercial real estate operators agreeing to it to enhance their pricing oligopoly, you get the idea.... https://product.costar.com/home/news/shared/1457689812 …pic.twitter.com/Rj0d6iuFeQ

      3 replies 11 retweets 82 likes
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    2. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Kim-Mai Cutler Retweeted Paul Roales

      Yes. Political actors in SF ostensibly arguing for equity will just gentrify Oakland more. https://www.sfchronicle.com/business/article/Why-downtown-Oakland-is-booming-14869616.php …https://twitter.com/PaulRoales/status/1214636083217981440 …

      Kim-Mai Cutler added,

      Paul Roales @PaulRoales
      Replying to @kimmaicutler
      Oakland no?
      2 replies 13 retweets 106 likes
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    3. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Kim-Mai Cutler Retweeted Renee DiResta

      And it only cost them $400K.https://twitter.com/noUpside/status/1214390623484035073 …

      Kim-Mai Cutler added,

      Renee DiRestaVerified account @noUpside
      Please note the key sentence in this article about an upcoming SF housing ballot measure. $407k can buy housing policy. That’s it. Less than a seed round. This is what the proposition system enables, but only one side is playing the game... https://missionlocal.org/2020/01/proposition-e-barring-unforeseen-lunacy-will-pass-handily-but-then-what/ … pic.twitter.com/KZmZ00a5dm
      Show this thread
      4 replies 4 retweets 59 likes
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    4. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Dilemma of the Bay Area city. 1) Say no to office growth = will be harder to keep up with deficits & $10B pension/OPEB liability + big companies that are more resourced and adept at tax evasion will crowd out everyone else + gentrify East Bay.https://www.sfchronicle.com/bayarea/article/SF-mayor-orders-budget-cuts-as-city-takes-on-14911585.php …

      3 replies 9 retweets 77 likes
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    5. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      2) Say yes to office growth = gets disproportionately priced into residential real estate with little recapture from existing property owners to compensate for impacts because of Prop. 13.https://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …

      2 replies 4 retweets 67 likes
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    6. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      But this measure won't meaningfully add more funding for affordable housing. It will just ban office space in SF, and then shift the calculus of office space feasibility into other Bay Area cities.

      8 replies 6 retweets 93 likes
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    7. Jacob‏ @jhscott Jan 7
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      Replying to @kimmaicutler

      Coupling office space growth to housing growth makes sense to me -- it prevents cities from capturing the "ice cream" benefits (tax revenue, restaurant spend) will externalizing the "vegetable" costs (building housing, NIMBY tears, etc). (1/X)

      2 replies 0 retweets 1 like
    8. Jacob‏ @jhscott Jan 7
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      Replying to @jhscott @kimmaicutler

      Of course the gap between "any housing growth" and "affordable housing growth" is... large. But, if SF isn't going to add housing, isn't it "more fair" (somehow?) for it to not add office space?

      2 replies 0 retweets 0 likes
    9. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Replying to @jhscott

      it doesn't have to add office space, but SF's tax base needs to grow in order to keep up with its costs. Otherwise by California law, some of those costs (tied to pensions) can't legally be reduced. They can only cannibalize other existing services.

      1 reply 0 retweets 1 like
    10. Jacob‏ @jhscott Jan 7
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      Replying to @kimmaicutler

      from an (mildly but not aggressively contextualized) incentives / systems / externalities POV -- doesn't building nothing still net out better than building the office space and not the housing? SF voters need to figure their shit out, this way they don't get all the ice cream

      1 reply 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Replying to @jhscott

      the office space is probably still going to get built regionally, just in South SF or Oakland. SF voters want to keep their property taxes low, have their home equity double every 10 years and make new people pay for maintaining their existing service levels. They love ice cream.

      12:19 PM - 7 Jan 2020
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      • Alexander Spicer working from home Jacob
      1 reply 0 retweets 3 likes
        1. New conversation
        2. Jacob‏ @jhscott Jan 7
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          Replying to @kimmaicutler

          those cities could tie office space buildout to housing buildout (imo overall, not affordable)? And/or funding for public transit? Then you have a chance at dense, vibrant, urban, good job / good culture growth in South SF / Oakland*? * need to dodge gentrification dystopia

          1 reply 0 retweets 1 like
        3. Jacob‏ @jhscott Jan 7
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          Replying to @jhscott @kimmaicutler

          If SF wants to turn itself into Atherton that's like... yuck.. but at least it doesn't contribute to worsening Bay Bridge traffic & etc?

          1 reply 0 retweets 0 likes
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