High-flying executives on six-figure salaries are driving 'Googleland' rent
With firms paying most of their staff's living expenses, some tech workers can afford to spend half their salary on rent
Young high-flying executives on salaries of between €100,000 and €200,000 are driving up rents in prime locations in Dublin city centre.
In the last 12 months, estate agent Owen Reilly has seen a trend of cash-rich foreign executives becoming the dominant renters in Dublin's docklands.
Speaking to the Sunday Independent this weekend, Mr Reilly said: "We have started to work more with high-earning executives with the types of salaries we haven't been used to dealing with before. Some are making €150,000-€200,000. They are not Irish - they are coming to Dublin to work and they are looking to rent rather than buy.