My opinion on this is influenced by growing up in Florida, where people pay a premium to live on barrier islands, and seem utterly uninterested in how a thing called "Hurricane Pass" got its name and whether that has any relevance to the stability of the land under their home, and neither the person selling the home/land nor the local government seem particularly interested in bringing it to their attention. (My grandfather lived nearby when it happened.)
Caveat Emptor!