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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@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 6 Feb 2018
    • Report Tweet
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    Kim-Mai Cutler Retweeted Roland Li

    Now SF is seeing "construction costs of $450,000 to $500,000 per apartment unit, up from $300,000 to $350,000 per unit four years ago, said Tao. (That price excludes the costs of land, design, entitlements, fees and permits.)"https://twitter.com/rolandlisf/status/960998894564917248 …

    Kim-Mai Cutler added,

    Roland Li @rolandlisf
    SF developer Eric Tao is getting $3,000 a month for a studio and $5,000 for a two-bedroom at his new project in Dogpatch. But construction costs are stalling his next project in SoMa http://bizj.us/1pho7n 
    2:45 PM - 6 Feb 2018
    • 23 Retweets
    • 50 Likes
    • Matt Gedigian TOD-zilla Christopher Wyatt Patrick Russell Kevin Dumler Raymond "Koola Lobito" Etornam 🍍Tommaso Sciortino🥑 Luboš Novák Armand Domalewski
    12 replies 23 retweets 50 likes
      1. New conversation
      2. Scott Feeney‏ @graue 6 Feb 2018
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        Replying to @kimmaicutler

        How do we fix this? Training programs for underemployed Bay Areans to go into construction? Modular? Temp housing to import workers from other regions?

        4 replies 0 retweets 0 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Feb 2018
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        Replying to @graue

        We're at sub-3% unemployment in the Bay Area? http://www.sacbee.com/news/business/article195571634.html …

        0 replies 0 retweets 4 likes
      4. End of conversation
      1. New conversation
      2. Noah Sloss‏ @noahsloss 6 Feb 2018
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        Replying to @kimmaicutler

        (tiny) 🎻

        1 reply 0 retweets 1 like
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 6 Feb 2018
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        Replying to @noahsloss

        I hope you will enjoy the even richer, even more unequal San Francisco that these construction costs will necessitate. Enjoy your future neighbors.

        0 replies 0 retweets 5 likes
      4. End of conversation
      1. Jon Lax‏ @jlax 6 Feb 2018
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        Replying to @kimmaicutler

        pic.twitter.com/QQWh4pE22T

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Mission Defenders‏ @sf4sfsite 6 Feb 2018
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        Replying to @kimmaicutler

        Evidently you can’t build into the middle of a gold rush. Contractors are busy and everyone want a big cut. Rents get pushed beyond what all but the richest can pay. Need to try to incentivize moving construction into slowdowns/recessions.

        2 replies 0 retweets 0 likes
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      1. Mike‏ @mjleonard21 6 Feb 2018
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        Replying to @kimmaicutler

        Costs will only go up. SB35 requires prevailing wage rates. Not uncommon to see man day rates easily go up $250-$300 per worker per day.

        0 replies 0 retweets 0 likes
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      2. 𝔇𝔞𝔯𝔯𝔢𝔩𝔩  🍫 𝔒𝔴𝔢𝔫𝔰‏ @IDoTheThinking 6 Feb 2018
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        Replying to @kimmaicutler

        Construction Unions, Labor shortage, and....I dunno, is there material mandates by city government inflating costs?

        1 reply 0 retweets 1 like
      3. Thomas Lord‏ @thomas_lord 6 Feb 2018
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        Replying to @IDoTheThinking @kimmaicutler

        I confess to not have dived deeply into his work but I think @FactChecker23 has strong evidence to offer that it isn't wages.

        1 reply 0 retweets 2 likes
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