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Sareb, the bad bank created from a regrouping of toxic real estate assets belonging to four nationalised Spanish banks — Bankia, CatalunyaCaixa, Novagalicia and Banco de Valencia — has put 20,000 houses on sale.
However, real estate prices in Spain will not "sink" as predicted, explains the financial daily, because Sareb will not underprice the assets it puts on the market.
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