Gen Z and young millennials face the prospect of renting with their parents for the foreseeable future, as getting onto the property market feels increasingly impossible. However, The Corcoran Group CEO Pamela Liebman, who has weathered 40 years in real estate, says today’s struggles are no more extraordinary than those faced by other generations.
Liebman has worked her way up Corcoran Group’s ranks since joining as an agent in 1984 at just 23 years old. During that time, she has witnessed major crashes and numerous market shifts. And she says it was just as hard getting that first home now as it was 30 years ago. That’s in New York, at least.
