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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. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      Cupertino is a lot like Meno Park. The city refuses to even try to keep up with the growing demand for housing. Right now there are only 20 homes for sale. The median sold price for a home is $2.3M.

      11 replies 180 retweets 908 likes
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    2. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      Palo Alto is home to the headquarters of Tesla Motors, Hewlett Packard, and Nest Labs. Like the other cities in Silicon Valley, housing inventory is incredibly low for a place with very high demand.

      7 replies 116 retweets 707 likes
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    3. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      There are only 38 homes for sale in Palo Alto, and only one is under $1.5M (it’s a 1-bed, 1-bath condo for $848K. https://www.redfin.com/CA/Palo-Alto/410-Sheridan-Ave-94306/unit-446/home/1344844 … )pic.twitter.com/3J9E4EOP9n

      26 replies 256 retweets 876 likes
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    4. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      Based on 43 homes sold in the last 30 days, the median sale price for a home in Palo Alto is $3.08M with an average down payment of 30%, or $924,000. It truly boggles the mind.

      13 replies 252 retweets 899 likes
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    5. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      But it’s Silicon Valley! you say. Of course it’s expensive. Sure, fine. I’ll buy that. Let’s swim across the bay to Oakland. (Spoiler: This is going to suck.)

      4 replies 133 retweets 810 likes
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    6. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      In Oakland there are 354 homes for sale, but there is a still a housing shortage and crisis. Lots of displacement and lack of affordable housing for middle income and below. Let me give you some examples.

      6 replies 209 retweets 733 likes
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    7. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      In the last 30 days 263 homes have sold in Oakland with a median sold price of $735K and an average down payment of 33.9% or $249,165.

      17 replies 340 retweets 827 likes
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    8. Sally Elshorafa‏Verified account @sallykuchar 26 Mar 2018
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      According to the latest census data, the median household income in Oakland is $57,778. It’s easy to see why tension between longtime residents and new homebuyers are high.

      12 replies 376 retweets 1,419 likes
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    10. Kim-Mai Cutler‏Verified account @kimmaicutler 26 Mar 2018
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      Replying to @sallykuchar

      Wait, it's 20%? Where is that citation?

      2 replies 0 retweets 2 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 26 Mar 2018
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      I calculate 1.3% https://www.kqed.org/news/11477036/alameda-countys-homeless-population-climbs-dramatically-over-two-years …

      12:43 PM - 26 Mar 2018
      0 replies 0 retweets 0 likes

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