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Genossenschaftswohnung

cooperative flat, housing cooperative apartment

noun ge-NOS-en-shafts-voh-nung Rare

Usage Note

Genossenschaftswohnung is a flat in a housing cooperative (Wohnungsbaugenossenschaft). Members pay a share (Genossenschaftsanteil) and receive long-term, below-market rent. It offers security without the full costs of ownership.

Examples

"Durch die Genossenschaftswohnung zahlt er seit 20 Jahren stabile Miete."

Natural Translation

Through the cooperative flat he has been paying stable rent for 20 years.

Literal Translation

Through the cooperative-flat pays he since 20 years stable rent.

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