A possible answer, which hasn't been given yet, is the verb dilapidate.
Online Etymology: 'dilapidate'
1560s, "to bring a building to ruin," from Latin dilapidatus, past participle of dilapidare "to squander, waste," originally "to throw stones, scatter like stones;" see dilapidation. Perhaps the English word is a back-formation from dilapidation.
definition of 'dilapidate'on Online Etymology
Online Etymology: 'dilapidation'
early 15c., from Late Latin dilapidationem (nominative dilapidatio) "a squandering," noun of action from past participle stem of Latin dilapidare "throw away, squander, waste," literally "pelt with stones" (thus "ruin, destroy") or else "scatter like stones," from dis- "asunder" (see dis-) + lapidare "throw stones at," from lapis (genitive lapidis) "stone." "Taken in Eng. in a more literal sense than was usual in Latin" [OED].
definition of 'dilapidation' on Online Etymology
Poring over the different answers, I am surprised not to find the fairly obvious adjective shortsighted, lacking foresight. Cambridge Dictionaries Online give the following definition of 'shortsighted':
showing a lack of thought for what might happen in the future: It’s shortsighted to spend all your money on having a good time.
definition of 'shortsighted' on Cambridge Dictionaries Online