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There is either going to be a movement towards schools regulating fraternities and a further demise of the control by international office or a movement in the opposite direction. I think the latter will not win.
In terms of the housing market, it is a given that one of the biggest factors in the growth of student/univ. housing is Greek housing and it doesn't come in the form of individual houses any longer. We finance projects which are largely Greek community type housing and I don't believe I've seen a single house project financing in the last 2 years.
These single houses will be eliminated in the future unless Greeks can put together, or want to put together, a stronger effort to prevent it. But they can't, don't want to, and never will.
-Rudey
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