overbuilding Definition
the construction of too many buildings or housing units in a particular area, resulting in a surplus of supply and a decrease in demand.
Using overbuilding: Examples
Take a moment to familiarize yourself with how "overbuilding" can be used in various situations through the following examples!
Example
The city's overbuilding has led to a glut of empty apartments.
Example
Overbuilding can lead to a decrease in property values.
Example
The effects of overbuilding can be seen in the abandoned buildings and empty storefronts throughout the city.
overbuilding Synonyms and Antonyms
Synonyms for overbuilding
- overdevelopment
- excess construction
- surplus building
Summary: overbuilding in Brief
'Overbuilding' [oh-ver-bil-ding] refers to the construction of too many buildings or housing units in a particular area, leading to a surplus of supply and a decrease in demand. This can result in abandoned buildings and empty storefronts, as well as a decrease in property values. Examples of overbuilding can be seen in the glut of empty apartments in the city.