Word: monrovian
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Dates: during 1970-1979
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...slums near the freeway and a lot of modest homes in between. Four years ago, a new redevelopment agency brought an ailing business district back to health with some strategic investments; the completion of the freeway in 1976 spurred further growth. Housing prices began to climb. Average worth of Monrovian homes: $50,000. Increases in assessments last year: up to 100%. Vote in favor of Proposition 13: a whopping...
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