"..and the bank then tries to sell your house to all their delinquent customers who have no cash. Woops, now the house is only worth $200k (because no one can afford to buy it.) Then your next door neighbour comes along, having just inherited his grandmother's estate, and offers $250k."
That's when the bank says "Oh, thank you Lord, what a great offer!! You MUST accept this great offer. It's the only one we have. If not, we will repossess and sell it for less, leaving you with nothing."
OZL Price at posting:
$6.30 Sentiment: Hold Disclosure: Held