Renting versus Home Co-ownership

Is the dream of homeownership still attainable? 

Or has it become something from another, wealthier, more equitable time and place? According to, 89% of millennial’s surveyed want to buy a home, but 67 percent will have to wait 20 Years or more to afford It.

With condos and homes selling above a $1000 a square foot, and excessive student loans, the reality is many of us have been priced out of the market in urban centers such as New York, San Francisco, Vancouver, and Toronto.

Before you give up on buying a home and settle for renting consider this: then and now homeownership is an essential part of personal wealth. Even the tax code and deductions are optimized for residential and investment property owners. These same benefits do not extend to renting.

Additionally, as a renter, you’re faced with housing insecurity. That means your landlord can and will increase your rent over time, sometimes beyond what you can afford. On the other hand, your monthly payment for a fixed rate mortgage will not go up as you continue to accumulate equity in your home and build wealth.


Fortunately, there is a way. Welcome to co-ownership, the evolution of buying a home. 

What is home co-ownership? Also known as a tenancy in common (TIC), allows for the fractional ownership of a residential or investment property and has been around for a long time. This means strangers, friends, and family can jointly own a residential or investment property. Additionally, lenders now actively support TICs by offering fractional mortgages.

But before you jump in feet first, bear in mind that this type of homeownership is more complicated than traditional ones. You will definitely want to work with a real estate lawyer experienced with tenancy in common to assist you with this form of a home purchase and ownership.

Where do you go to connect with others interested in home co-ownership, as well as experts in TICs?

Glad you asked!

Sharetini is the free real estate dating and co-ownership app that will help you connect with other people looking to co-own a home or investment property in your area. As well, we will set you up with realtors, real estate lawyers, mortgage and insurance brokers, who are experts in tenancy in common (TIC).

If you live in Los Angeles, New York City, San Francisco, Seattle, Toronto or Vancouver and you’re ready to get started on your journey to home ownership, join the passionate community of folks interested in co-ownership for free at Sharetini. Visit to learn more!

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