{"id":190757,"date":"2009-10-28T18:08:00","date_gmt":"2009-10-28T23:08:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/10\/28\/your-moment-of-schadenfreude-6\/"},"modified":"2009-10-28T18:08:00","modified_gmt":"2009-10-28T23:08:00","slug":"your-moment-of-schadenfreude-6","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/10\/28\/your-moment-of-schadenfreude-6\/","title":{"rendered":"Your Moment of Schadenfreude"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/pic60.picturetrail.com\/VOL1689\/10590113\/18913141\/303055364.jpg\" style=\"margin: 0px 0px 10px 10px; float: right; cursor: pointer;\" width=\"400\" \/> <span style=\"font-style: italic;\">!<\/span>So, it looks like yet another organization has had to downsize.  It&#8217;s moving out of its headquarters, in the heart of Washington, DC, which they moved into about a year ago, because it&#8217;s too expensive for them now.<\/p>\n<p>Who is this organization?  Why it&#8217;s the <a href=\"http:\/\/www.cnbc.com\/\/id\/33497254\">Mortgage Bankers Association<\/a>, of course, who have discovered that their new $76 million dollar digs are no longer affordable:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>Since the purchase in May 2008, the U.S. economy has suffered one of the most severe recessions in a century, and the residential and commercial real estate markets have materially deteriorated. These factors, coupled with a challenging leasing environment, led the MBA Board to conclude that continued ownership of 1331 L Street was economically imprudent, and over the long term would impair MBA&#8217;s ability to continue providing our members with MBA&#8217;s full range of services.<\/p><\/blockquote>\n<p>My guess?  That they got f$#@ed over by the fine print in their mortgage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>!So, it looks like yet another organization has had to downsize. It&#8217;s moving out of its headquarters, in the heart of Washington, DC, which they moved into about a year ago, because it&#8217;s too expensive for them now. Who is this organization? Why it&#8217;s the Mortgage Bankers Association, of course, who have discovered that their &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[962,1100,978,1088,1019],"tags":[],"class_list":["post-190757","post","type-post","status-publish","format-standard","hentry","category-40yrs","category-funny","category-politics","category-real-estate","category-schadenfreude"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190757"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190757"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}