I have seen quite a bit of posts/threads show up on the IBD forums talking about how much they pay in rent and where they live, but i'm curious from the CRE Lending folks, given the comp isn't that of IBD, what is it like for you?
I'd specifically be curious about those in NY/SF/LA. Here is a template if you feel open enough to share :)
City: Neighborhood: Rent: Salary: Title & Year: Type of company: Any additional comments:
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While CRE Debt salaries don't rise as quickly as IBD, it really isn't so dramatic that you can't live somewhere reasonable in pretty much any city (roommates are probably necessary for analysts in NYC/SF, but as an associate making 150k, you should be able to swing a studio/1br by yourself if you want.
I imagine the answer is zero dollars since people who work in CRE lending most likely live in their moms basement
I imagine the answer is zero dollars since people who work in CRE lending most likely live in their moms basement
2nd year credit analyst (it’ll be 3 years in June) with a regional bank in Denver. I make 68k and pay 1500/month to live in one of the nicer neighborhoods in town. Apartment complex was built in the 70s and remodeled in 2016.
is that 1500 after youve split with a room mate or is it all in?
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