The Rental Girl’s founder and broker, Liz McDonald sat down with contributing writer, Mark Gerlach, of Los Feliz Ledger to discuss an alternative housing option for the rising rents in Los Angeles.
“According to McDonald, high demand for Los Angeles apartments drives up costs. Because the economy is good, she said, many renters are moving closer to their jobs or upgrading their apartments. […] Newer options such as tenancy in common (TIC) arrangements, where two or more people join forces to buy a property, can make homeownership more affordable.”
Take a look at the link below for the full article.