Re: Re: Santander will “price to sell” its real estate portfolio



“The reason for that is what the banks deem as ‘priced to sell’ and what investors see as fair value in the current market climate are two different things”

The Banks are well aware of how the market works. Hence my example of a ” Burro” mentality. What they should realise/act upon is that the longer it takes the bigger the problem will get with the non performing loans. Even if the interest is suspended. The bank is losing out on cash discounting i.e. value of money today against the value of it tomorrow & with inflation as it’s current level they are eroding the value of their assets on their books. .