Richard Voith, Ph.D., CRE

President and Principal

Senior Economic Advisor and Chairman, ESI ThoughtLab

Background & Experience

Dr. Richard Voith is a well-known expert in real estate economics, transportation, and applied microeconomics. As president and founding principal of Econsult Solutions, Dr. Richard Voith oversees a wide variety of projects in the realm of housing, labor markets, transportation, and economic development. Just as importantly, Dr. Voith is involved in setting the strategic direction of organizations both large and small. Also, he regularly provides analysis and testimony in support of litigation in real estate and transportation matters.

Prior to joining Econsult Solutions, Dr. Voith held the position of Economic Advisor at the Federal Reserve Bank of Philadelphia.

Dr. Voith has worked frequently in the public policy arena. In 2013, he was a principal author of Understanding SEPTA’s Statewide Economic Value which demonstrated the importance of transportation investment for the state.  In 2006, Dr. Voith was appointed by Governor Rendell to the newly created Transportation Funding and Reform Commission charged with recommending appropriate levels of funding for transit systems, roads and bridges. Dr. Voith was also a member of the SEPTA Board of Directors, serving as Vice Chairman of SEPTA from 1996 to 1998.

Dr. Voith is a founding board member of Pentrans, an organization dedicated to balanced, multimodal transportation and mobility alternatives in Pennsylvania. Dr. Voith is active in Philadelphia area organizations, including Philadelphia Youth Basketball, an organization which is focused on the holistic development of Philadelphia youth.

Additionally, Dr. Voith has taught Cost Benefit Analysis at the Wharton School’s Business and Public Policy Department, and Urban Real Estate Economics through the Wharton’s Real Estate Department. Dr. Voith continues as a Faculty Fellow at the University of Pennsylvania’s Institute for Urban Research.

Over the last 15 years, Dr. Voith has served on several National Academy of Science Foundation Advisory Panels addressing topics such as the interrelationships between highway and transit investment and land use, valuing the costs and benefits of transit investments, and the relationships between land use and public health. He has been a guest speaker at numerous forums, including those sponsored by the Lincoln Land Institute, the Brookings Institution, Urban Land Institute, and the Department of Housing and Urban Development.  Until 2007, Dr. Voith served on the editorial board of Real Estate Economics.