Behold: the Lotus Evija Electric Coupe. Capable of 0-100km/h in under 3 seconds, a top speed of 320km/h, a 400km range on a full charge and a frankly alarming 1,973 bhp, it will be the most powerful production car ever built.

Each individual wheel can transfer more power than any car Lotus has produced to date.

Built around a one-piece carbon fibre monocoque chassis with laser headlights and a racetrack inspired interior, only 130 will be made, each of which – including yours – will cost €1.87 million.

uncrate

Dr John McCartney, Director of Research at Savills Ireland

Honestly.

Supply is catching up with demand.

Look into the eyes not around the eyes.

Savills’ Dr John McCartney writes (via The Irish Times):

Opposition politicians of all creeds have made housing their main point of attack. Meanwhile, private sector economists have rowed in to emphasise the intractability of our housing problems.

It would be wrong to say these commentators are spinning the crisis, but, equally, it is plain to see how they might benefit from the perception that Ireland is facing a quasi-permanent shortage of residential property.

For Opposition politicians, an obdurate housing crisis provides the opportunity to sell hope.

…In recent years I have seen estimates of the annual home-building requirement ranging from around 20,000 to over 50,000 units. Based on recent pricing evidence, it seems those who were towards the lower end of this range have been the most correct.

In a nutshell, it looks like house price index (HPI) and rent inflation are slowing simply because supply is catching up with demand.

Looking ahead, high rents will continue to put pressure on tenants in the private rental sector.

But further output growth in the short run should start to bring inflation more into line with earnings growth.

Longer-term, if completions were to continue rising, as in recent years, the biggest concern would actually be about over-supply.

Anyone?

Ireland’s housing market is stabilising, despite claims to the contrary (Dr John McCartney, Irish Times)

Pic:Savills

Thanks Vanessa

Capper?

Not you again.

This Day In Irish History tweetz:

This day 107 years ago – 18 July 1912 – suffragettes set fire to the Theatre Royal, Dublin, during a visit of British Prime Minister, H.H. Asquith.

For it, Mary Leigh and Gladys Evans were sentenced to five years’ penal servitude, though both were released after hunger striking.

Made their point and kept their figures.

Win win.













This  morning.

Beechpark Avenue, Castleknock Dublin.

A hearse (above) carrying the coffin of Karl Shiels, actor, director, producer and drama teacher arrives before a funeral service at at Our Lady Mother of the Church.

From top: Tony Torney; Martina Stanley (right)Nick Dunning; Pauline McLynn; Maria Oxley; Jenny Dixon and Tom neville TD; Camille O’Sullivan; Rebecca Grimes; Maclean Burke; Dave Duffy; Deirdre O’Kane and John Connors.

Funeral for actor Karl Shiels told he lived life to the full (Irish Times)

Previously: The Theatre Upstairs

Rollingnews

Meanwhile….

archmotors – Lemming

Sean Lynch and Gary Landers are the duo behind archmotors and they hail from the West of Ireland.

A taster from their forthcoming album The Swimsuit Edition, Lemming is an accomplished alt.pop gem that has echoes of Beck and Radiohead.

The video animation by Marc Corrigan is also first class.

Nick says: Motoring along nicely

archmotors

Clare Daly of Independents4Change at the European elections count centre at the RDS in Dublin last month.

Say it ain’t so.

Clare Daly hires son of Mick Wallace as her assistant in EU office (Independent.ie)

Sam Boal/Rollingnews

Broadsheet.ie