A recent report reveals that tech workers make up 43% of tenants in Dublin's prime property market, showcasing their importance to the local economy. As concerns mount over US President Trump's trade policies potentially affecting jobs in the technology sector, experts have divided opinions on the stability of tech giants in Ireland. While some agents believe these companies will not relocate, others warn that changes in US tax laws may create challenges that could ripple through the housing market, putting pressure on property prices as well as employment in the sector.
According to a recent report by Owen Reilly, tech workers dominate Dublin's rental market, making up 43% of tenants in prime properties, emphasizing their significance to the city's economy.
Concerns have arisen regarding the potential impact of US President Trump's trade policies on Ireland's technology sector, which could threaten jobs and subsequently affect property prices.
Experts express differing views on the future of tech giants in Ireland, with some confident they will remain, while others see the US tax policy as a troubling indicator.
The latest data highlights the critical role of the technology sector in Dublin's housing market, underscoring the interconnectedness of employment, technology policies, and property values.
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