For Q3 we got a 33% raise over Q3 of last year. For Q4 we got an almost 100% raise over last year. And for next Q1 and Q2 we'll be back to 50% over last year.

Then next Q3 and Q4 we'll probably get another huge raise the way people are talking.

We have to raise our tenants, but understand there's a balance, and raising too much may get them to leave. But 20% is a risk, we're thinking maybe a 5% raise, which won't nearly cover the Tax raise of just 1 1/2 quarters (not to mention the leases aren't up until the summer.) Basically we'll have to come out of pocket for nearly 70% of the tax raise, giving a 20% raise though would end up covering the taxes and some (though not taking in to account next Q3 and Q4 raises)