Voith

ESI Turns 10!

January 13, 2023 / Comments Off on ESI Turns 10!

While the ‘Econsult’ name and business traces its roots back to the late seventies, Econsult Solutions, Inc., or ‘ESI’ as we commonly refer to ourselves, celebrates ten years in business this year. And as any small business owner knows, ten years is no easy feat. It’s a milestone worth celebration, but also reflection to take […]

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Los Angeles Skyline

Factors Affecting Affecting Spillover Impacts of LIHTC Developments: An Analysis of Los Angeles

January 11, 2023 / Comments Off on Factors Affecting Affecting Spillover Impacts of LIHTC Developments: An Analysis of Los Angeles

Cityscape has accepted a new paper co-authored in part by ESI Principal Richard Voith and former Associate Director Jing Liu. The paper examines the impact of Low Income Housing Tax Credit (LIHTC) financed development on neighborhood house prices. Research typically shows that LIHTC-financed properties generate positive spillover impacts in their surrounding communities as reflected in […]

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affordable housing

The Economics of Housing Affordability

June 24, 2022 / Comments Off on The Economics of Housing Affordability

Housing is a crucial aspect of society. Unfortunately, the costs of housing can be so disproportionately high relative to income levels that people simply can’t comfortably afford it. Not only is housing affordability a concern in many US metropolitan areas, it is a concern across the globe. With the large number of individuals and families […]

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Effects of Concentrated LIHTC Developments on Surrounding House Prices

May 9, 2022 / Comments Off on Effects of Concentrated LIHTC Developments on Surrounding House Prices

Econsult Solutions Principal Richard Voith recently published a paper in the Journal of Housing Economics examining the property value impacts of affordable housing developments financed by Low-Income Housing Tax Credits (LIHTC). The LIHTC program is the U.S.’s largest funding source for affordable housing production, with an annual totaling of more than $8 billion. LIHTC developments […]

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Decreased Public Transit

Post-Pandemic Philadelphia Mobility: New Challenges, New Innovations

April 22, 2022 / Comments Off on Post-Pandemic Philadelphia Mobility: New Challenges, New Innovations

Despite the fact that the City is once again requiring masking indoors, Philadelphians are on the move—or at least they are trying. In theory, remote work and online retail should have reduced the need for travel; however, for those who are still navigating around the city, there are serious challenges. Automotive congestion feels at least […]

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A Follow-up Love Letter to Cities

February 25, 2022 / Comments Off on A Follow-up Love Letter to Cities

We are two years and counting into a pandemic that has upended the entire world, from public health systems and global supply chains, to the ways we conduct business and attend school. When we first wrote Our Love Letter to Cities just days into the pandemic, we were holding our breath imagining whether the future […]

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