What Consumer Price Index value is used to calculate yearly rent increases?
According to the San Luis Obispo City MOBILE HOME PARK RENT STABILIZATION law:
J. “CPI” means the Consumer Price Index (1967 = 100) All Items, All Urban Consumers, for the Los Angeles/Long Beach/Riverside standard metropolitan statistical area published by the Bureau of Labor Statistics, United States Department of Labor. If the CPI is not hereafter published, then any substitute index, or, if none, then the index most closely resembling the CPI shall become the new CPI.
