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du house?

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Does du have to sell their house now???

Posted By: house
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#1by:    
#1    

Why would they have to sell their house?

By: ?
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#2by:    
#2    

Uh oh did they get themselves in trouble again? They treat their pledges bad which is just stupid.

By: greekchick
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#3by:    
#3    

i thought dg couldn't afford their house

By: ?
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#4by:    
#4    

Looks like someone is setting up DU to take a fall - could it be the Legion of Black Collegians are involved?

By: Appearances
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#5by:    
#5    

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.

By: MizGreek
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#6by:    
#6    

LBC is using it next year.

By: 18
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