Salim Furth, Mercatus Center

Salim Furth

Mercatus Center

Washington, DC, United States

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Recent:
  • Unknown
Past:
  • Mercatus Center
  • The Daily Signal
  • Heritage Foundation
  • Wall Street Journal

Past articles by Salim:

Tracking Vermont’s Housing Supply Growth and Decline by Census Tract

How much has Vermont’s housing supply changed over the past few years?In Housing Supply in the 2010s, I used US Postal Service data to document where the housing supply is growing–and where it is shrinking. The commonly-used data on building permits cannot measure decline, since they do not track demolitions. So this is probably the most detailed publicly-available dataset for → Read More

Tracking Michigan's Housing Supply Growth and Decline by Census Tract

Michigan has some of the most depressed housing markets in the US. Detroit–yesteryear’s Silicon Valley–is the archetype of Rust Belt decline. Flint showed the perils of poorly-maintained infrastructure when a change in its water supply source released toxic metals into the city’s tapwater.Both cities, as well as others in Michigan, have struggled to shrink gracefully. There’s → Read More

The Market for Neighborhoods: A Q&A with Salim Furth

Salim Furth is a senior research fellow at Mercatus whose work studies the ways regional, urban, and macroeconomic trends and policies affects how we live and work. He recently wrote a feature for National Affairs titled “The Market for Neighborhoods,” which explores what it is that makes a great neighborhood and why it can be difficult to find or build one. → Read More

Why You Can’t Find the Perfect Home

Local governments across the US extensively regulate the use of land. Typical zoning codes dictate a narrow set of allowable uses and a strict development code for every parcel. The result is that prospective homebuyers, renters, and businesses face a highly distorted market with little flexibility. Previous studies have shown that extensive land use regulations raise housing → Read More

New York City Is so Popular No One Goes There Anymore

New York City has been a housing market paradox over the last two years: with declining population and falling rent, the city is clearly facing a decline in demand. But with rent levels still extremely high and construction in the city and suburbs throttled by regulation, the city seems poised to grow if ever those regulations were lifted. → Read More

Do Minimum-Lot-Size Regulations Limit Housing Supply in Texas?

Why do so many subdivisions feature rows of similar houses on identical lots? Real estate developers are often held responsible for the bland pattern of land use in suburban Texas and around the country. But it is often local land use regulations, rather than developers or home buyers, that deserve much of the blame. So argue M. Nolan Gray and Salim Furth in “Do → Read More

Housing Supply in the 2010s

Not Enough Space for Growth:How Restrictions on Development Limit Housing AffordabilityThe density and affordability of housing vary greatly across the United States. Residential development patterns are dictated by three main factors: (1) the existing built environment, (2) growing demand for housing, and (3) regulation. Salim Furth considers these factors in “Housing Supply → Read More

A Way Forward for Affordable Housing

In cities across America, renters and home-buyers face shockingly high prices. The explanation is simple: demand for housing is growing faster than the supply of housing, causing prices to rise. Under normal circumstances, markets would correct this problem by themselves; higher prices would incentivize developers to build more housing units, and the increased supply would → Read More

Ben Carson’s Approach to Affordable Housing Might Work

In 2016, President Obama’s Council of Economic Advisers prepared a white paper that was remarkable in that it gently criticized the President’s own housing policy: “While President Obama’s budget calls for increasing investments to provide affordable housing and end family homelessness, HUD’s existing project-based and housing choice vouchers could serve more families if the → Read More

Let Private Companies Pay for More Bike Lanes

There are currently just 361.65 miles of protected bike lanes in the entire United States—but an electric scooter company wants to give us many more. Bird is a Santa Monica-based company that was founded in 2017 and achieved an astounding $2 billion valuation just a year later. It distributes electric scooters in select cities, where users can rent them for $1 per ride plus 15 cents a minute. → Read More

Here's to Dynamic American Cities!

Just about everyone who lives in a metropolitan coastal area understands the value of affordable housing. It's a given that if you want the benefits that come with living near lots of people and businesses, you're going to have to pay more for your mortgage or rent. → Read More

California’s Density Deficit and the Likely Impact of SB 827

Among the 15 American metropolitan areas with the fastest growth in demand for housing since 2012, 5 are in California. Those 5 California metros grew more slowly than all 10 other metros on the list. → Read More

How Licensing Laws Protect Special Interests at the Expense of Everyone Else

The effect of licensing laws are near universal: They raise costs and lower the availability of goods and services. → Read More

Starting a New Business Shouldn't Be This Hard

It's harder to start a business in America than it should be, and overregulation is partly to blame. → Read More

Will American Workers Get to Help Rebuild Puerto Rico?

As Puerto Ricans begin to clean up the rubble in the wake of Hurricane Maria, they are already looking to their fellow Americans on the mainland for help. Unfortunately, American workers and businesses will not be able to play a major role in the reconstruction unless President Donald Trump overrules the Department of Homeland Security and issues an extensive waiver from the commerce-killing… → Read More

Trump Can Aid the Irma Relief Effort by Issuing Special Waiver

A Jones Act waiver would make it easier to get relief supplies to U.S. territories after Hurricane Irma hits. → Read More

How Trump Can Keep the Economy at 3% Growth

To make the last quarter's 3 percent growth the norm, President Trump and Congress should aim high on tax reform. → Read More

Why American Workers Should Care About Business Investment

Theory In 1928, Charles Cobb and Paul Douglas published a brief article in the less-prestigious “Papers and Proceedings” supplement to the American Economic Review.They reviewed national economic data from 1899 to 1922 and proposed a simple (to economists, anyway) equation to explain the relationship between capital, labor, and production: P’ = b Lk C1-k They had discovered the economic… → Read More

For Pro-Growth Tax Reform, Expensing Should Be the Focus

As Congress and the President move towards consensus on tax reform, they should work to keep three essential components at the heart of the reform. → Read More

A Guide to New Research on Seattle’s Minimum Wage

In 2014, Seattle already had the highest minimum wage in the country, $9.47 per hour. It voted to raise the minimum to $15 per hour over the course of several years. Thankfully, the city commissioned University of Washington (UW) economists to study the unfolding policy and its results, using high-quality state data. → Read More