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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 28 Jan 2018
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      The Uber-SoftBank deal and the Dropbox IPO may cancel out any downward pressure on prices from changes to the mortgage interest deduction, which means that...https://www.nationalmortgagenews.com/articles/what-tax-hit-san-francisco-housing-heating-up-as-tech-ipos-loom …

      4 replies 15 retweets 31 likes
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    2. Kim-Mai Cutler‏Verified account @kimmaicutler 28 Jan 2018
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      people who are rich enough to be Bay Area homeowners but who don’t have enough to do all cash/more cash will just be spending $2-3K more per month on housing/mortgage costs, which just puts homeownership more out of reach for tenants.

      2 replies 1 retweet 24 likes
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    3. Skip Pile‏ @skip_sf 28 Jan 2018
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      Replying to @kimmaicutler

      The key is to allow people in wealthy parts of the city to subdivide their lots to absorb this capital. Instead of spending it on rentier behavior, or forcing development only in poorer parts of the city, should instead build more where it doesn't impact tenants.

      1 reply 0 retweets 1 like
    4. Martha Bridegam‏ @MBridegam 28 Jan 2018
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      Replying to @skip_sf @kimmaicutler

      Do consider, however, that some single-family districts are not rich, and homeownership is not the same as wealth or ability to redevelop. Sometimes members of an extended family live in the house and have been mining its equity for living expenses for, say, the last 15 years.

      2 replies 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 28 Jan 2018
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      Replying to @MBridegam @skip_sf

      So create a low-income exemption or deferral until sale, which is what other states practice when it comes to property taxation.

      11:52 AM - 28 Jan 2018
      • 5 Likes
      • Theo, Yes on Prop 15 this November Dan Immergluck Christopher Monnier Martha Bridegam Skip Pile
      1 reply 0 retweets 5 likes
        1. New conversation
        2. HousingWiki‏ @housing_wiki 28 Jan 2018
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          Replying to @kimmaicutler @MBridegam @skip_sf

          California's existing Property Tax Postponement program allows homeowners who are seniors, blind, or disabled to defer current-year property taxes on principal residence if they meet criteria including 40% equity in the home & household income of < $35,500 https://www.sco.ca.gov/ardtax_prop_tax_postponement.html …

          1 reply 1 retweet 2 likes
        3. Martha Bridegam‏ @MBridegam 28 Jan 2018
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          Replying to @housing_wiki @yimbywiki and

          Would matter more upon Prop 13/Prop 58 tax reform. The bigger issues tend to be home-secured debt, deferred maintenance, and the need in a large and potentially contentious group of family/residents for someone willing and able to assume an administrative role. Hence Small Sites.

          0 replies 0 retweets 0 likes
        4. End of conversation

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