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HUNTINGTON BEACH, Calif. _ When Bob Lupo bought a two-story house in Huntington Beach in 1977, he had no idea he was setting out on a collision course with Orange County's volatile housing market.
The house, after all, cost a moderate $77,000 _ the equivalent of $229,000 today. And the mobile home he moved into seven years ago seemed perfect for coasting through an affordable retirement.
But after watching the rent he pays to park the mobile home rise at a steady clip over the years _ it rose 18 percent last year _ Lupo fears the market is about to put an end to his retirement dreams.
Which is why he's fighting against Measure EE, which would preemptively outlaw rent control in Huntington Beach.
If the initiative passes Tuesday, Lupo fears mobile-home park owners could raise rents at will, forcing residents like Lupo, who already spends nearly 40 percent of his monthly fixed income on housing costs, out of their homes. Most Orange County residents _ about two-thirds _ pay less than 30 ...
Source: HighBeam Research, Mobile-home residents fight measure, which could outlaw rent...