By editor
Originally published on Mon February 4, 2013 2:29 pm
The Spanish region of Valencia has been called the "California of Spain" for its gorgeous Mediterranean coastline and modern architecture.
But now Valencia epitomizes the worst of Spain's problems. It had the country's most inflated property market and the biggest crash. Its landscape is littered with empty and half-finished buildings. Valencia has also had an unusually high number of politicians indicted for corruption.
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