Nice One - I like your post but do you have any evidence that this is a common clause in a home loan? Because if your claim is true then just a 20% downturn would mean mass foreclosure on a scale greater than in the US ten fold.
I remember going over my loan documents very closely and did not see anything like this. If you can provide evidence that would be big news - that today tonight and ACA would love to do a story on.
