[Kevin]

I'm amazed that the house corporations haven't already done this. It saves so much on your insurance that such rennovations are almost cost effective. And of course, the real advantage -- the safety concerns they alleviate is really immeasurable.

I think the college is really helping the organizations out by offering to buy the houses and pay for the rennovations. I'd be a little worried about the university taking my house over as well.

But really, if you have enough alums, 500K isn't such a huge number if you've managed to cultivate strong alum support. Just this year, here locally, our OU chapter is having a 1.5million dollar rennovation and the OSU chapter raised 2.5 million for rennovations.