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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. 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
    2. 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
    3. 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
    4. 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
    5. 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.

      1 reply 0 retweets 3 likes
    6. 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
    7. 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
    8. Kim-Mai Cutler‏Verified account @kimmaicutler Jan 7
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      Replying to @jhscott

      it's a false choice they're presenting. They're presenting it like -- as soon as we build the affordable housing -- we'll allow office. But the only kinds of affordable housing funding that voters support are the kinds where they don't have to pay for it themselves so there's

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

      structurally never enough affordable housing funding. In fact the affordable housing funding that the city generates is structurally dependent on having a hot real estate market bc it's tied to new construction or

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

      it's dependent on property values rising so much that assessments on recently resold property ensure that no pre-existing property owners have to experience property tax increases if they vote for an affordable housing bond.

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

      SF is turning itself into Atherton plus a cohort of orgs that are able to wrest some nominal concessions for a token amount of low or very-low-income deed restricted units. If you're not part of one of those two buckets, you can't really live here long-term.

      12:37 PM - 7 Jan 2020
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        2. working from home‏ @eric_young_1 Jan 7
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          Replying to @kimmaicutler @jhscott

          I think the last part (can't really live here long-term) is what PropE will help solve I think the focus should be on increasing overall housing development/supply. Not focus primarily on affordable no/low-income housing Right now middle class Bay Area workers (techies) leaving

          1 reply 0 retweets 0 likes
        3. working from home‏ @eric_young_1 Jan 7
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          Replying to @eric_young_1 @kimmaicutler @jhscott

          because of overall shortfall in housing supply. Gradually increasing overall housing supply will first open up market for techies, and then gradually with further increased supply it will provide relief for lower income tiers (eventually) I don't understand focus on low income

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        2. Jacob‏ @jhscott Jan 7
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          Replying to @kimmaicutler

          My viewpoint is certainly colored by living in the east bay... while I don't think I disagree (much? at all?), I think my primary interest is ways in which externalities for these unfortunate decisions can be limited. SF making decisions that preclude outside-bucket residents

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

          is one thing, cascading failure where that impacts the whole metro is another.

          1 reply 0 retweets 0 likes
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