Overbuild: meaning, definitions and examples
🏗️
overbuild
[ ˌoʊvərˈbɪld ]
construction context
To overbuild means to construct buildings or infrastructure in an excessive or disproportionately large manner, often resulting in a surplus of space or resources that are not supported by demand. This phenomenon can lead to economic downturns, as seen in real estate markets where supply outstrips demand. Overbuilding can also result in higher maintenance costs and potential financial losses for developers and investors. The term is frequently used in discussions about urban planning and real estate development, particularly in relation to housing shortages and economic bubbles.
Synonyms
excessively construct, overdevelop, overproduce.
Examples of usage
- The company decided to overbuild the new apartment complex, anticipating a rise in demand.
- Many experts warn against overbuilding in the current housing market.
- Cities must be cautious not to overbuild in response to temporary spikes in population.
- The collapse of the housing market was partly blamed on developers who overbuilt during the boom.
- Local authorities are concerned that plans to overbuild the shopping center will lead to vacant stores.
Translations
Translations of the word "overbuild" in other languages:
🇵🇹 construir em excesso
🇮🇳 अधिक निर्माण करना
🇩🇪 überbauen
🇮🇩 membangun berlebihan
🇺🇦 перебудувати
🇵🇱 przebudować
🇯🇵 過剰建設する
🇫🇷 surconstruire
🇪🇸 sobreconstruir
🇹🇷 aşırı inşa etmek
🇰🇷 과잉 건설하다
🇸🇦 بناء مفرط
🇨🇿 přestavět
🇸🇰 prebudovať
🇨🇳 过度建设
🇸🇮 preoblikovati
🇮🇸 ofbyggja
🇰🇿 артық құрылыс
🇬🇪 გადაჭარბებული მშენებლობა
🇦🇿 həddindən artıq tikinti
🇲🇽 sobreconstruir
Etymology
The term 'overbuild' emerged in the English language during the late 20th century, primarily used within the fields of real estate and urban development. It combines the prefix 'over-', which signifies excess or surplus, with the verb 'build', derived from the Old English 'byldan', meaning to construct or erect. The concept gained traction during real estate booms when developers began to build beyond the capacity of the market to absorb new structures. Overbuilding became a critical topic in discussions about economic bubbles, especially those related to housing markets, where an imbalance between supply and demand can lead to significant financial and social consequences. The implications of overbuilding highlight the importance of sustainable development practices and careful market analysis in urban planning.