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how bad is it really to lose a house?

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Obviously a couple of fraternities are losing houses, with ATO being the most notable. So how bad is it really to lose a house? Like everybody here says it like it's the end of the world. Is it really that bad or just an exaggeration? Also, do fraternities that lose their houses like this typically get another a year later, 2 years, etc.? Basically is it usually quick for a fraternity to get a new house or long, and is it really as bad as everyone on here says?

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ATO isn't losing their house lol

By: Npt
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by: Gamma Phi Beta   

Yes ATO is losing their house you us, Gamma Phi Beta

By: Gamma Phi Beta
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