Word: underbuilt
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...nice picture of the Glorious Underbuilt...
Tourist Flood. After World War II, many small hotels sprang up in Europe, often in new spots favored by the shifting vagaries of tourists. Few grand hotels went up: they were considered a thing of the past. Some of the biggest cities of Europe-London, Paris, Rome-were underbuilt, and though the hotel service is often better than in the U.S., the furnishings are often shabby and the bills padded by extra service charges and taxes. Opening in June, the 400-room Cavalieri Hilton, stretching across Rome's highest hill, Monte Mário, will be the city...
...whole bill, as finally passed, would put billions of federal dollars into a broad attack on the problem of an underbuilt nation. Its features...
...While the demand for housing has been piling up, the additions to the supply have been meager. During the war, residential building was limited to the needs of war workers. Even before Pearl Harbor the cities of the U.S. were underbuilt. In the last 15 years, as a result of depression and war, the building industry has turned out an annual average of only 330,000 housing units...
...free enterprise system. That system rests on the premise that capital should go where it is most needed, and that this usually is determined by where it is offered the highest rates of return. When one particular business or industry is overbuilt, rates of return drop; where another is underbuilt, rates of return rise. It is the working of this principle that has kept the intricate relationship of one business to another in balance while we grew to be the greatest industrial country in the world. An arbitrary fixed return would draw private capital not into the expansion of armament...