MHC Residents May See Rents Rise

As follow-up to a story we published Feb. 24, 2012, homeowners in the 17 MHCs in Oceanside, California who have homesites under rent control might see their rents rise by 2.25 percent as of July 1, the NCTimes tells According to the rent control ordinance of 1984, community owners can raise rents 75 percent of the prior year’s consumer price index (CPI) for the region. The Bureau of Labor Statistics says the CPI in the San Diego region increased three percent last year. The city’s Manufactured Home Fair Practices Commission will meet this evening to review the proposal.

(Image credit: MapQuest/NAVTEQ)

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