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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. John Lee‏ @johnleemk 17 Apr 2018
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      Replying to @coolgrey @chrsdcook and

      Other people who experience massive and profound benefits: Californians who get homes to live in. If you want to punish investors and hedge funds, there are ways to do so that don't involve banning housing construction.

      1 reply 0 retweets 2 likes
    2. The Surrealist Side of the Street‏ @coolgrey 17 Apr 2018
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      Replying to @johnleemk @chrsdcook and

      If you want to build housing, there are ways to do so that don't involve creating such windfalls for the wealthy and setting up a bad pattern of control of housing.

      2 replies 0 retweets 1 like
    3. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2018
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      Replying to @coolgrey @johnleemk and

      The current situation is a giant fucking windfall for anyone who owns existing housing in CA. It’s like someone is writing a giant 300K check to single family homeowners in SF every year.http://www.beyondchron.org/cities-tax-huge-profits-stopping-housing/ …

      1 reply 1 retweet 3 likes
    4. The Surrealist Side of the Street‏ @coolgrey 17 Apr 2018
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      Replying to @kimmaicutler @johnleemk and

      Much rather have windfalls, if any, go to local families than hedge funds. But obviously we need to change the current system, which will reduce that windfall to families. I am perfectly okay with that.

      1 reply 0 retweets 0 likes
    5. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2018
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      Replying to @coolgrey @johnleemk and

      What if the hedge funds increasingly own single family homes in California? https://shelterforce.org/2015/07/29/reo_to_rental_wall_streets_latest_idea_hurts_california_communities/ … What if the real estate developers’ investors are public pension funds like @CalPERS?https://www.bizjournals.com/sanfrancisco/news/2018/02/06/exclusive-costs-are-stalling-anew-soma-housing.html …

      2 replies 0 retweets 2 likes
    6. The Surrealist Side of the Street‏ @coolgrey 17 Apr 2018
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      Replying to @kimmaicutler @johnleemk and

      This is actually a real issue and gets at the inadequacy of the "SFH" language. We need a way to distinguish clearly between investment property and homes.

      2 replies 0 retweets 2 likes
    7. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2018
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      Replying to @coolgrey @johnleemk and

      Primary and secondary residence. Shouldn’t get tax benefits if it’s not a primary residence.

      1 reply 0 retweets 2 likes
    8. The Surrealist Side of the Street‏ @coolgrey 17 Apr 2018
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      Replying to @kimmaicutler @johnleemk and

      The whole model of housing is just f--ked. I can't seen any realistic way of reconciling "housing is a right" with housing as an investment opportunity.

      2 replies 0 retweets 1 like
    9. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2018
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      Replying to @coolgrey @johnleemk and

      No and sorry, America is literally built on this principle of the sanctity of property rights and property rights being a core part of its version of democracy. That’s not changing anytime soon. So you have to work around it or at least mitigate it.

      3 replies 0 retweets 1 like
    10. Christopher D. Cook‏ @chrsdcook 17 Apr 2018
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      Replying to @kimmaicutler @coolgrey and

      yet again, hearing convenient apologies for the real estate industry.

      3 replies 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2018
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      Replying to @chrsdcook @coolgrey and

      The “real estate industry” is not a monolithic entity. Apartment owners and builders of new housing and real estate agents don’t have the same interests. Anyway when you figure out how to convince American voters to willingly destroy the largest pt of their wealth, let us know!

      12:41 PM - 17 Apr 2018
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      2 replies 0 retweets 1 like
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        2. Christopher D. Cook‏ @chrsdcook 19 Apr 2018
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          Replying to @kimmaicutler @coolgrey and

          I know it's not monolithic, but to deny that there is a corporate real estate industry and developer industry that's pushing this agenda is disingenuous.

          1 reply 0 retweets 0 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler 19 Apr 2018
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          Replying to @chrsdcook @coolgrey and

          apartment owners like scarcity -- enables them to charge more rent without doing any extra work. Real estate developers want to build. Different entities have different interests & agendas.

          1 reply 0 retweets 3 likes
        4. 6 more replies
        1. The Surrealist Side of the Street‏ @coolgrey 17 Apr 2018
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          Replying to @kimmaicutler @chrsdcook and

          People know how to do that. Look at 2008. The problem is figuring out how to get the system to dial back its enoblement of the wealthy.

          0 replies 0 retweets 0 likes
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