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What (who) is overbuilding - definition
overbuilding
noun build on top of.
Overbuild
·vt To build over.
II. Overbuild ·vt To build too much; to build beyond the demand.
overbuild
¦ verb (past and past participle overbuilt)
1. put up too many buildings in.
build elaborately.
2. [often as noun overbuilding] build on top of.
Examples of use of overbuilding
1. Others point to evidence of overbuilding in recent years.
2. The housing markets in Germany and Japan were undervalued, reflecting previous overbuilding.
3. But a combination of overbuilding, a slowing economy and tighter credit has left Spain with about two years‘ worth of housing inventory.
4. After a rash of overbuilding in the 1''0‘s, movie theater chains have steadily merged and purged in recent years.
5. Florida –– especially the Miami area, with its once–booming condo market –– is one of the hardest–hit states in the housing crisis, largely because of overbuilding and speculation.