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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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    Kim-Mai Cutler‏Verified account @kimmaicutler 4 Apr 2018
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    San Francisco median home prices have jumped $100,000 in the last quarter. A 24% YOY increase from Q1 2017. #thisisfine https://www.paragon-re.com/trend/san-francisco-home-prices-market-trends-news …pic.twitter.com/MoDiOhomSn

    12:13 PM - 4 Apr 2018
    • 56 Retweets
    • 100 Likes
    • Luke Klipp 🏳️‍🌈 Vas Swaminathan Just one of the system's K Watts Jonathan Abrams Christopher Monnier drew olanoff Divya Parmar David
    13 replies 56 retweets 100 likes
      1. New conversation
      2. Yisheng Jiang‏ @YishengJiang 4 Apr 2018
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        Replying to @kimmaicutler

        What moral obligation do I owe to a speculative market growing beyond my control?

        2 replies 0 retweets 5 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Apr 2018
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        Replying to @YishengJiang

        That is a very good question! I think starting to understand that when your property gets more expensive, it simultaneously means that it is less affordable to other people and therefore you are financially benefiting from things becoming unaffordable is a good conceptual start.

        6 replies 0 retweets 20 likes
      4. 1 more reply
      1. New conversation
      2. Kevin Burke‏ @derivativeburke 4 Apr 2018
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        Replying to @kimmaicutler

        Fortunately after refusing to endorse SB 827, home prices will stabilize and condos will be available to families at all income levels.

        1 reply 0 retweets 11 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Apr 2018
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        Replying to @derivativeburke

        you notice in the chart that the condo prices are flat, but the home values jump by $300K a year, right?

        3 replies 0 retweets 7 likes
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      2. Matt Regan‏ @MattRegan10 4 Apr 2018
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        Replying to @kimmaicutler

        FOLLOW THE MONEY! and that trail will lead you to the people who dictate housing policy in California...HINT...when you get to then end of that trail, you won't find any greedy developers.

        1 reply 3 retweets 28 likes
      3. Matt Regan‏ @MattRegan10 5 Apr 2018
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        Replying to @MattRegan10 @kimmaicutler

        What’s truly stunning about that data is that anyone who bought a house in San Francisco 6 years ago has amassed almost a million dollars in equity. That’s insane.

        1 reply 7 retweets 32 likes
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      2. Tim McCormick‏ @tmccormick 4 Apr 2018
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        Replying to @amandakhurley @kimmaicutler

        yep.. in my occasional sideline as professional house/pet-sitter (doubles as housing anthropologist), I've often made that calculation about some Bay Area home I'm in, that it earns $1000/day. Stark, but helps explain why they pay or allow me in to look after the place.

        0 replies 0 retweets 1 like
      3. End of conversation
      1. Ladislav Stejskal‏ @ladislavtweet 4 Apr 2018
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        Replying to @kimmaicutler

        You are not alone @kimmaicutler . I am affraid this is a story of most major global metropolitan centres in the western world. Easy money for very long time, global demand from nouveau riche, recovering economy. We are likely not far from a peak. http://www.torontohomes-for-sale.com/Toronto-average-real-estate-property-prices.html …

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      2. Rob Lord‏ @r0bl0rd 4 Apr 2018
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        Replying to @kimmaicutler

        Paris, London, Singapore, et al. real estate costs 2x-5x per sqft than SF. Look ahead, not backwards.

        1 reply 0 retweets 0 likes
      3. Benjamin Chirlinn‏ @benchirlinn 5 Apr 2018
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        Replying to @r0bl0rd @kimmaicutler

        Did they explode in the same way? Those are much much much older (and larger) cities. Bit of apples and oranges in my opinion.

        0 replies 0 retweets 0 likes
      4. End of conversation

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