do you have a bausparvertrag for your mastomeme houses?
I don't even know if there's a word for bausparvertrag outside of suebia.
@lilletale nee für Bausparvertrag.
@distelfliege I’ve seen the word Swabia used in English. It’s a place in Germany, isn’t it?
@gannet Just because I suspect @distelfliege is asleep...Yes, Swabia is a region of southwestern Germany. Swabians are often joked about for being overly parsimonious.
If I'm understanding "bausparvertrag" correctly, it's a particular kind of savings account, that leads specifically toward purchase of a home.
@auntiekiki @gannet good morning! (I think some of you are asleep now, hehe)
yes, it's a savings account where the money is saved to be able to build a house. you could also buy a home but it's designed specifically for building a house.
Swabians are renowned for having as one of their main life goals to build a house.
@distelfliege oh. You mean bausparvertrag. Whatever that means.
@distelfliege I found a DE Wikipedia entry about it, the concept is very similar to what "building societies" in UK *used* to do until 1980s but they all became like normal banks after that time and now offer conventional mortgages. Although the article doesn't mention regions the context suggests its more a thing in Southern Germany and Austria..
@vfrmedia it's THE Swabian thing!
the dictionary informs me it's "Swabia" and that there is indeed no word for it in english. lol