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I totally believe this to be true, but I know for a fact a sorority on this campus will not prosper unless it has a house in Greek town (obviously excluding houses that are currently houseless due to constructing a new one). Greek town has no more space. If a new sorority were to come to campus the only feasible option would be to buy Richmond place and renovate it into a sorority or completely knock it down a construct a new house. The issue with that is I highly doubt the property owner would be willing to lose out on such a great investment unless there was ridiculous incentives to it. So in a dream world, if Richmond place were to be bought it would be sold for way more than its actual value so maybe like $7 million (don't quote me I'm just throwing out numbers) and then the cost to renovate a apartment complex to sorority with the standards of a sorority so think, $3-5 million and add the cost to furnish and it's a lot. So think about paying $12 million just for a renovated sorority house and I'm sure there are tons of administrative fees as far as adding a new chapter. And I'm going to guess most sorority nationals would be hesitant to throw money into installing a chapter with Mizzou's low enrollment.