We’ve all heard the saying, “location, location, location.” Real estate professionals commonly employ this phrase to emphasize how the value of similar properties can differ substantially, depending on where those properties are located. In other words, with all else being equal, location can (and usually will) dictate the appeal and value of a structure or a parcel of land. To many people, desirable locations often have certain traditional characteristics, including scenic views, stable neighborhoods, top-rated schools, proximity to quality healthcare, public transportation, entertainment, and shopping. Others might consider more practical things, such as safety, economic development, jobs, population density, taxes, personal freedoms, elevation, and maybe even the ability to live a sustainable, self-sufficient life.
When it comes to surviving a natural or man-made crisis, however, location becomes even more significant,…