Is the city winding up to regulate tenancy in common?

One of the properties that City Councilmember Mitch O’Farrell is monitoring in his district. | Via Google Maps Tenancy in common is a new path to homeownership in LA A new homeownership model geared at first-time buyers that’s gaining traction in LA can come at the expense of renters . Now Los Angeles City Councilmember Mitch O’Farrell is trying to get a handle on just how many rent-controlled tenants are being pushed out to make way for the model, called tenancy in common , or TIC.

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