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Average dublin docklands tenants salary.

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24

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    #32
    fxotoole
    Registered Users Posts: 1,661 ✭✭✭fxotoole


    Addle wrote: »
    Well I'm a public sector employee so that kind of money is alien to me!

    I’m a civil servant and it’s not alien to me


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    #33
    Addle
    Registered Users Posts: 4,812 ✭✭✭Addle


    fxotoole wrote: »
    I’m a civil servant and it’s not alien to me

    Congratulations.


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    #34
    Trigger Happy
    Registered Users Posts: 6,080 ✭✭✭Trigger Happy


    I am not getting the outrage either.
    I work in the ifsc a few days a week and plenty of people I work with also live there. They earn good money and are happy to live close to work in the city centre for a few years until they settle down. There are a few who live down the country and rent one of those one beds to stay in 4 nights a work week.


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    #35
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 75,559 Admin ✭✭✭✭✭Beasty


    Stheno wrote: »
    IT, Finance, tax and Treasury

    The tax savings for being based there are worth far more to the companies at a corporate level

    There are no longer any tax breaks for companies in the docks. That was done away with in the early noughties, when the EU were threatening a State Aid challenge. More importantly for Ireland though was it forced them to reduce the general corporation tax rate to 12.5%

    There's certainly nothing "magic" about the docklands any more, other than high prices. We decided we would have our own HQ in north Dublin, with ease of access to the airport and relatively cheap accommodation


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    #36
    fxotoole
    Registered Users Posts: 1,661 ✭✭✭fxotoole


    Just to clarify, I don’t actually earn that kind of money. But I acknowledge that there are those out there on that kind of money in the private sector


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    #37
    Att vara en hest
    Registered Users Posts: 110 ✭✭Att vara en hest


    People making this money are usually people with very specialized skills that are sought after, these are not your average retail staff or customer support agent. If you're somewhat specialized in IT companies will pay what you ask because if they don't, someone else will.


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    #38
    KungPao
    Registered Users Posts: 4,781 ✭✭✭KungPao


    I wipe my ass with €117,095.


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    #39
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Addle wrote: »
    Well I'm a public sector employee so that kind of money is alien to me!

    I've a friend applying to one of the companies in that area. They are early 30s

    Currently based abroad on 140k with benefits and a bonus of 20 percent each year based on p performance. If they get the job here they expect a pay rise and will get relocation assistance including three months paid accommodation.

    Its very common.

    The irony is that if you work in the area most everyone wears jeans as dress codes are casual or non existent so not what you'd expect


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    #40
    jippo nolan
    Registered Users Posts: 2,344 ✭✭✭jippo nolan


    KungPao wrote: »
    I wipe my ass with €117,095.

    Would you wipe mine as well?


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    #41
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Beasty wrote: »
    There are no longer any tax breaks for companies in the docks. That was done away with in the early noughties, when the EU were threatening a State Aid challenge. More importantly for Ireland though was it forced them to reduce the general corporation tax rate to 12.5%

    There's certainly nothing "magic" about the docklands any more, other than high prices. We decided we would have our own HQ in north Dublin, with ease of access to the airport and relatively cheap accommodation

    I wasnt specifically talking about the old situation rather the generous tax savings in moving to Ireland to be honest

    For some reason the Docklands appears to be one of the locations du jour


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    #42
    SEPT 23 1989
    Registered Users Posts: 43,027 ✭✭✭✭SEPT 23 1989




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    #43
    kneemos
    Registered Users Posts: 20,411 ✭✭✭✭kneemos


    Att vara en hest wrote: »
    People making this money are usually people with very specialized skills that are sought after, these are not your average retail staff or customer support agent. If you're somewhat specialized in IT companies will pay what you ask because if they don't, someone else will.


    Any reasonably busy plumber or electrician would probably make those kind of figures I'd imagine.
    They have their official income and the little cash in hand jobs however so it's hard to know how much they actually make.

    Given the shortage of talent at the moment a lot of the trades are no doubt bathing on cash.


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    #44
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Addle wrote: »
    The headline says 'tenant'.

    Maybe I'm just clueless, but I wouldn't have thought there were that many people/professions in this country on that kind of money, so it was a shock to me.
    A shock that you could be on that kind of money and renting too.

    Oh and another point something like less than 10% of paye earners pay over 90% of total paye in this country


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    #45
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 75,559 Admin ✭✭✭✭✭Beasty


    Stheno wrote: »
    I wasnt specifically talking about the old situation rather the generous tax savings in moving to Ireland to be honest

    For some reason the Docklands appears to be one of the locations du jour
    Modern buildings, and a bit of a "hub" created around there

    We looked at something around there when we set up in Ireland, and if you are looking to recruit the "up and coming" city dwellers it's a bit of a breath of fresh air compared to some other locations

    On the topic of affordability though, the article suggests these flats are going for over €500k. Someone earning 120k could get a mortgage of what? Maybe €300k to €350k. That's still a hell of a deposit to fund for a first time buyer. Equally those who do rent in say their 20s are probably thinking of moving on when they start a family, so could base themselves there for a few years while saving up for a deposit for something in the commuter belt with a bit of a garden


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    #46
    listermint
    Registered Users Posts: 33,709 ✭✭✭✭listermint


    kneemos wrote: »
    Any reasonably busy plumber or electrician would probably make those kind of figures I'd imagine.
    They have their official income and the little cash in hand jobs however so it's hard to know how much they actually make.

    Given the shortage of talent at the moment a lot of the trades are no doubt bathing on cash.

    Well.... That's a bit of a stretch. You'd have to be working your ballax off and all sorts of weekend callouts to pull that money in. Or else multi jobs with lads under you.

    Most good plumbers or electricians are not pulling in that sort of money.


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    #47
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Beasty wrote: »
    Modern buildings, and a bit of a "hub" created around there

    We looked at something around there when we set up in Ireland, and if you are looking to recruit the "up and coming" city dwellers it's a bit of a breath of fresh air compared to some other locations

    On the topic of affordability though, the article suggests these flats are going for over €500k. Someone earning 120k could get a mortgage of what? Maybe €300k to €350k. That's still a hell of a deposit to fund for a first time buyer. Equally those who do rent in say their 20s are probably thinking of moving on when they start a family, so could base themselves there for a few years while saving up for a deposit for something in the commuter belt with a bit of a garden

    It's a weird area and seems to have services primarily to support the offices e.g. the pharmacy opens at 8 am during the week but is closed Sunday's.

    LOTS of services are a trek away too and the local roads are narrow and constantly congested

    Give me NCD any day


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    #48
    kneemos
    Registered Users Posts: 20,411 ✭✭✭✭kneemos


    listermint wrote: »
    Well.... That's a bit of a stretch. You'd have to be working your ballax off and all sorts of weekend callouts to pull that money in. Or else multi jobs with lads under you.

    Most good plumbers or electricians are not pulling in that sort of money.


    Call out a plumber and it's a hundred quid at least for any kind of little job.
    Four or five of those per day and they're in that bracket.


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    #49
    For Forks Sake
    Registered Users Posts: 11,487 ✭✭✭✭For Forks Sake


    Zardoz wrote: »
    Hmmm, how does an estate agent know how much someone is earning when renting?

    They turn them upside down and see what falls out of their pockets.


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    #50
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    For Forks Sake wrote: »
    They turn them upside down and see what falls out of their pockets.

    They might not use cash?


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    #51
    awec
    Administrators Posts: 53,438 Admin ✭✭✭✭✭awec


    Stheno wrote: »
    It's a weird area and seems to have services primarily to support the offices e.g. the pharmacy opens at 8 am during the week but is closed Sunday's.

    LOTS of services are a trek away too and the local roads are narrow and constantly congested

    Give me NCD any day
    It's right beside the LUAS (and green line just round the corner too), you wouldn't even need a car if you lived and worked there. Commute cost is probably close to zero. Living right in the city centre, it's like a young professionals' dream.


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    #52
    Pac1Man
    Registered Users Posts: 4,394 ✭✭✭Pac1Man


    Sounds like we need another crash. Can't be having people on that kind of wage, making me feel bad about my own income.


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    #53
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    awec wrote: »
    It's right beside the LUAS (and green line just round the corner too), you wouldn't even need a car if you lived and worked there. Commute cost is probably close to zero. Living right in the city centre, it's like a young professionals' dream.

    I work in the area. The transport links are superb compared to most other locations.

    However the facilities are crap close by imo


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    #54
    dxhound2005
    Registered Users Posts: 20,671 ✭✭✭✭dxhound2005


    Beasty wrote: »
    Modern buildings, and a bit of a "hub" created around there

    We looked at something around there when we set up in Ireland, and if you are looking to recruit the "up and coming" city dwellers it's a bit of a breath of fresh air compared to some other locations

    On the topic of affordability though, the article suggests these flats are going for over €500k. Someone earning 120k could get a mortgage of what? Maybe €300k to €350k. That's still a hell of a deposit to fund for a first time buyer. Equally those who do rent in say their 20s are probably thinking of moving on when they start a family, so could base themselves there for a few years while saving up for a deposit for something in the commuter belt with a bit of a garden

    Three quarters of them don't need to worry about deposits or mortgages. Cash buyers.

    The average asking price was €531,595 and the average selling price ended around 2.3 per cent higher. While build-to-rent is taking off in the area, 47 per cent of buyers last year were owner occupiers while cash was used to buy in three quarters of the transactions. The majority of sellers were landlords leaving the market, Mr Reilly said.


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    #55
    italodisco
    Registered Users Posts: 1,426 ✭✭✭italodisco


    kneemos wrote: »
    Call out a plumber and it's a hundred quid at least for any kind of little job.
    Four or five of those per day and they're in that bracket.

    My best mate is a plumber, I did his books for him in 2017 and he put 125k through them, you can be sure there was at least another 50k not going through them.


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    #56
    Franz Von Peppercorn
    Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Addle wrote: »
    The headline says 'tenant'.

    Maybe I'm just clueless, but I wouldn't have thought there were that many people/professions in this country on that kind of money, so it was a shock to me.
    A shock that you could be on that kind of money and renting too.

    Many would be immigrants.


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    #57
    listermint
    Registered Users Posts: 33,709 ✭✭✭✭listermint


    italodisco wrote: »
    My best mate is a plumber, I did his books for him in 2017 and he put 125k through them, you can be sure there was at least another 50k not going through them.

    Why didn't he get you to do his books after and before ...


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    #58
    Franz Von Peppercorn
    Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Stheno wrote: »
    I've a friend applying to one of the companies in that area. They are early 30s

    Currently based abroad on 140k with benefits and a bonus of 20 percent each year based on p performance. If they get the job here they expect a pay rise and will get relocation assistance including three months paid accommodation.

    Its very common.

    The irony is that if you work in the area most everyone wears jeans as dress codes are casual or non existent so not what you'd expect

    There’s a lot of suits in the IFSC area. Around GCD not so much.


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    #59
    Franz Von Peppercorn
    Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    awec wrote: »
    It's right beside the LUAS (and green line just round the corner too), you wouldn't even need a car if you lived and worked there. Commute cost is probably close to zero. Living right in the city centre, it's like a young professionals' dream.

    It’s dead enough at night but ok during the day.


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    #60
    listermint
    Registered Users Posts: 33,709 ✭✭✭✭listermint


    kneemos wrote: »
    Call out a plumber and it's a hundred quid at least for any kind of little job.
    Four or five of those per day and they're in that bracket.

    So basically what I said. They'd have to work their ballax off and weekends too.


    Your making it out like they're are making handy money off over charging callouts.

    Which is basically... Waffle.

    And I'm qualified as neither trade


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    #61
    italodisco
    Registered Users Posts: 1,426 ✭✭✭italodisco


    listermint wrote: »
    Why didn't he get you to do his books after and before ...

    Hmmmmmmmm


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