Members of Gen Z need to curb their spending habits by giving up on Starbucks coffee and taking mass transit instead of Uber if they want to buy a home, says the chief executive of one of the nation’s largest realtors.

The Gen Z and millennial cohorts are experiencing difficulties that are no different from those of their parents and grandparents — particularly in New York — according to Pamela Liebman, CEO of Manhattan-based Corcoran Group.

She told Fortune that cash-strapped youths could make some simple changes in their spending to make home ownership work. 4

“Stop buying Starbucks coffee. I mean, stop spending money on things that are not necessary,” Liebman told Fortune last week.

“It’s tremendous how fast that little nest egg can add up,” she added.

Gen Z doesn’t seem so

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