DarDar writes:
“Checking in for return flight on the new #Ryanair app. Looks like I’ll be staying in Barcelona a while longer. Anyone tried their email address, is it bogus too?”
Be-hatted ladies competing for ‘best dressed lady’ sponsored by Blossom Hill at the Discover Ireland RDS Dublin Horse Show, Ballsbridge, Dublin this afternoon.
From top: Carol Kennelly (winner of Best Dressed Lady); Milner Philip Treacy and Joanne Murphy; Brid Hurley, Noirin Hurley and Celine Hurley; Orla Lee; Linda Vittone; Bronach O Neill; Georgina Kane; Martha Lynn; Lisa Crosbie; Danialle Gingell; Sarah McGahon and Muriel Barnwall.
G’wan Muriel.
(Sam Boal/Photocall Ireland)
@BeardedGenius Check out this,spotted last night in Dublin, painted on cling film stretched between two street lamps. pic.twitter.com/Ud439kTM1z
— Jay Hester (@jayhester) August 7, 2014
Previously: Still Clinging On
Dr Kieran McQuinn who published a paper this morning for the ESRI, claiming houses could be undervalued up to anywhere between 12 and 27%
Yesterday, the ESRI published a paper called Projected Population Change and Housing Demand: A County Level Analysis by Edgar Morgenroth.
Reporting on the paper, yesterday’s Irish Times said:
From 2011 to 2021 an additional 180,000 households across the State will need somewhere to live. The current oversupply of houses in vacant or “ghost estates” will be able to accommodate about half that number, leaving a need for 90,000 houses or apartments to be built between 2011 and 2021, or an average of 12,500 each year.
Almost 60,000 houses needed in Dublin by 2021 (Irish Times)
Today, Dr Kieran McQuinn published his academic paper, entitled Bubble, Bubble Toil and Trouble? An Assessment of the Irish Housing Market for the ESRI.
On Dr McQuinn’s report, today’s Irish Times says:
The ESRI predicts real Irish house prices will grow by a further 8 per cent this year and by 9 per cent in 2015, before moderating to growth rates of 4.9 per cent and 3.9 per cent in 2016 and 2017. Population growth alone will require about 25,000 houses to be built annually, it said, whereas only 15,000 are projected to be built next year.
…
The report’s author, Kieran McQuinn, dismissed any suggestion that the recent level of price growth constituted another bubble. He said the stock of mortgage credit is still falling while the level of transactions was still registering negative growth. But he did warn that a prolonged period of sustained price growth could turn it into a bubble.
ESRI says house prices 27% below real value (Irish Times)
Anyone?
H/T: Rob Kitchin

The creepy, evocative beauty of abandoned spaces captured by photographer Peter Untermaierhofer.
Click each image to expand.
David Keeling writes:
“Hi guys, thought you might like this. It’s a music video I made with singer song scribbler Samuel Vas-Y for his song ‘Creeping and Crawling’ featuring Cathy Davey. Samuel is off to make a name for himself in North America, so any publicity for this very talented musician would be greatly appreciated!”
*at home, at noon, dressed in underpants and a single sock, eating Cookie Crunch out of a butter dish, nodding sagely*
You may like this.
Owen Dennehy writes:
“There’s a Charity Tag Rugby Tournament on Saturday, August 23 in Greystones RFC. It’s in aid of four-year-old Gavin Glynn, who has a rare form of cancer and is currently having treatment in Texas. It’s being advertised on Facebook already but they’re trying to get the word out so people can either donate, or buy tickets for the raffle they’re doing during the day, or even enter teams in the tournament.”
Previously: Meanwhile In Texas

The always upbeat Boeing X-32.