If all those "assets" are for sale at the same time, they aren't WORTH 60 cents on the dollar. They may not even be worth 6 cents on the dollar.
Sorry, but this is a country whose population is increasing at around 4-5% per year. Those people will all need places to live.
No house will ever be worth 6 cents on the dollar (unless it burns down or gets destroyed by a hurricane/earthquake/tornado.