Definition of "overbuilding" []

• Present participle of overbuild. (verb)

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• "The biggest problem with this overbuilding is that developers are all targeting the deep-pocketed "luxury" market and there are fewer in this demographic willing to pay what developers think they deserve."
• "… It simply stopped, and a lending discipline went in place that has prevented us from the same kind of overbuilding and has, I think, kept this market, on a relative basis, pretty healthy."
• "Forbes indicated that "overbuilding" was Arizona's problem."