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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. Anthemos Georgiades‏ @anthemos Jun 3
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      Here's another story in the @Zumper rent data The "Brooklyn effect" in cities and states is very real during this market turbulence Let's start with Brooklyn itself

      1 reply 6 retweets 25 likes
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    2. Anthemos Georgiades‏ @anthemos Jun 3
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      For some time Brooklyn's % rent increases have outpaced Manhattan's, as people left Manhattan in search of a cheaper cost of living & better quality of life This continues to be borne out by our June data. YoY 1BR prices were: ⬇️ Down 6.6% in Manhattan ⬆️ Up 0.4% in Brooklyn

      2 replies 2 retweets 13 likes
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    3. Anthemos Georgiades‏ @anthemos Jun 3
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      Many people have also written about the Brooklyn Effect re the flight of people from SF to Oakland & Berkeley over the past couple of years In our June 1BR data OAK/BER got *more* expensive YoY while SF tanked: ⬇️ Down 9.2% in SF ⬆️ Up 4.9% in Oakland ⬆️ Up 0.8% in Berkeley

      2 replies 8 retweets 42 likes
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    4. Anthemos Georgiades‏ @anthemos Jun 3
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      Many other neighboring, paired geos exhibit this same trend: ⬇️ 1.0% NYC (all boroughs) ⬆️ 15.7% Newark ⬇️ 6.5% Denver ⬆️ 8.8% Colorado Springs ⬇️ 1.0% Phoenix ⬆️ 7.7% Tuscon

      3 replies 3 retweets 10 likes
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    5. Anthemos Georgiades‏ @anthemos Jun 3
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      This data (we need some more months) could suggest that previously sought after states like CA and NY *aren't* about to empty because of Covid19, SIP, record unemployment and/or new remote work policies

      1 reply 5 retweets 16 likes
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    6. Anthemos Georgiades‏ @anthemos Jun 3
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      The Brooklyn Effect may predict that a sizable migration will take place *within* states as people leave the central hub in search of a better quality of life relatively nearby Despite what you've read on Twitter, we're not all moving to Montana (yet) 🤷‍♂️

      3 replies 6 retweets 44 likes
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    7. Anthemos Georgiades‏ @anthemos Jun 3
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      Curious for 🔮 reads from people who have tracked this for years @kimmaicutler @scottbudman @HansenLouis @DianaOlick @News_Denise @CurbedNY @CurbedSF

      1 reply 0 retweets 11 likes
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    8. Anthemos Georgiades‏ @anthemos Jun 3
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      Again, full data if anyone wants to dig in here furtherhttps://www.zumper.com/blog/rental-price-data/ …

      2 replies 0 retweets 14 likes
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      Kim-Mai Cutler‏Verified account @kimmaicutler Jun 3
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      Replying to @anthemos

      I think we need another month of data but yes there are more backyards in the East Bay and still sufficient proximity to the business core of the region should things open up again.

      8:05 AM - 3 Jun 2020
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