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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 9 Apr 2018
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    Typical U.S. homeowners are gaining more than $50 of equity in their homes during every eight-hour workday.... In booming tech cities SJ, SF and Seattle, appreciation of the typical home added the equivalent in wealth of a six-figure annual salary. https://www.bloomberg.com/news/articles/2018-04-09/home-values-are-rising-by-800-a-day-in-san-jose …pic.twitter.com/4yMZvMyTmN

    6:46 PM - 9 Apr 2018
    • 126 Retweets
    • 214 Likes
    • CC CC Tim Riser Baison Kwinton kyle rogerson ليست.نوى. هيتم.نيتم كوردستانى.كه وره غازي برهان. Eri Anik عبود ع Bah oding Ms. M
    14 replies 126 retweets 214 likes
      1. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Apr 2018
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        "In San Jose, the typical homeowner is gaining $99.81 of equity in their home every hour they’re at the office. The city’s hourly minimum wage is $13.50." https://www.zillow.com/research/hourly-home-equity-earnings-19356/ …pic.twitter.com/4n0Xo89u8p

        10 replies 146 retweets 247 likes
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      2. Central NJ Yimby 🇺🇸 🚲 🏙‏ @YIMBY_Princeton 9 Apr 2018
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        Replying to @kimmaicutler

        Serious question: Is property in San Jose *really* appreciating at $200K per year? like, every year? so that in 5 years, a $1m property goes to $2m?

        6 replies 1 retweet 4 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Apr 2018
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        Replying to @YIMBY_Princeton

        The last couple of years it’s been six figures on the peninsula every year — higher in the Northern pt of the county. Last year, Palo Alto was $2.6M median. Now it’s $3.2M 🤷🏻‍♀️

        3 replies 1 retweet 8 likes
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      2. Ryan Bethencourt‏Verified account @RyanBethencourt 9 Apr 2018
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        Replying to @kimmaicutler

        Sigh... this of course will not end well, do you know if we've seen any double mortgage/variable rate activity like in the run up to the last bust?

        1 reply 0 retweets 2 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Apr 2018
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        Replying to @RyanBethencourt

        Kim-Mai Cutler Retweeted Sally Elshorafa

        I think the prices are not really an indication of poor lending practices. They're more reflective of the fact that few people or nobody is selling.https://twitter.com/sallykuchar/status/978332798275616768 …

        Kim-Mai Cutler added,

        Sally ElshorafaVerified account @sallykuchar
        I think a lot about the housing market in the Bay Area. Here are some stats I've pulled to paint a picture of where it's at right now. (Spoiler: It's really, really, really bad.)
        Show this thread
        3 replies 0 retweets 10 likes
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      1. pink globe emoji‏ @lyndon_bae_j 9 Apr 2018
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        Replying to @kimmaicutler

        tax-free!

        0 replies 0 retweets 0 likes
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      1.  🍍Tommaso Sciortino 🥑‏ @TommSciortino 9 Apr 2018
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        Replying to @kimmaicutler

        But is it a *living* wage?!

        0 replies 0 retweets 2 likes
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      2. Lee Markosian‏ @peternocturnal 9 Apr 2018
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        Replying to @kimmaicutler

        It's like an extra working spouse! Without the benefits.

        1 reply 0 retweets 3 likes
      3.  🌹Revolutionary 💥Clown 🍉‏ @RevClown 9 Apr 2018
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        Replying to @peternocturnal @kimmaicutler

        I was just thinking that. Three earners, only two consumers.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Jim V.o.R. of the 3rd Amendment Ave. Gang‏ @JimYoull 9 Apr 2018
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        Replying to @kimmaicutler

        surely this cannot continue indefinitely? There isn’t double-again the money available to actually pay these prices, is there?

        0 replies 0 retweets 1 like
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