statements that will cause a run on the banks, page-22

"and if so, you have to ask the question, would they do this if the asset they have is worth more than the loan?"
say you had investment property
say you paid $400,000 for your house
and you borrowed $300,000
and had equity of $100,000
and the bank had to call in the loan due to a run on bank then the bank would sell the house for what ever they could get
due to it being a forced sale, the bank would sell it at whatever they could get it
Say it had to be sold at a 25% discount due to it being a forced sale - $300,000

the bank would take $300,000 and you'd end up with zilch.
$100,000 down the toilet

I think that is what happened with the opes prime clients would be what would happen to home owners if there was a run on the bank. The bank would sell the houses at what ever price they could get and take it's cut no matter what.

If you had only $10,000 on a $400,000 house and $390,000 and the property sold for $300,000. the bank would lose $80,000 and you'd just lose $10,000