My small school didn't have Greek houses, and I think this affected the unity of the group as a whole.
When you have one central location that all members can come to at any time (for personal reasons or for meetings and activities), it helps foster a sense of brother/sisterhood.
Aside from financial benefits, it also provides you with someplace for meetings, etc. On a campus like mine, the school had to provide meeting rooms and often other locations for events. If we would have had our own housing, we would have had plenty of room, both inside and out, leaving the rest of campus free.
Not having a house it the one thing about my Greek experience that I wish would have been different
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