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Poster Name:
MizGreek

Poster Message:
Depends... If there is any financing on the new house, the House corporation will have trouble meeting the mortgage without the revenue a full house generates. They would also be hard pressed to find alums that would be willing to donate money, that is not tax deductible, to a fraternity that just got suspended. Even without a mortgage, the house costs money just sitting there, I would suspect they would want to rent to at least cover the costs until they can return. But... renting a fraternity house is difficult because the renters don't treat the property with the same respect an owner would. Either way, it's a terrible spot to be in.