A cash rich investor with balls of steel could have a go:
A family who have seen the value of their London flat slashed from £600,000 to just £90,000 because of Grenfell-style cladding will sue a government agency that helped them buy their home.
They are the second homeowners in the New Capital Quay development in Greenwich to have their flat valued at rock-bottom prices.
It’s then uncertainty over who will replace, when, and at what cost, that cladding.
The company said some flats had been valued at £0. They were unsellable, unrentable and unmortgageable.
I doubt unrentable is true.
But even so, there’s an option value to those flats. Which, if you were cash rich, might be a good little bet.