Not in every case naturally, but land can also be worth nothing in circumstances where it has become unstable. Japan has places where old homes exist and new ho

Not in every case naturally, but land can also be worth nothing in circumstances where it has become unstable. Japan has places where old homes exist and new home building is not permitted because it has become a hazard zone for landslide. No wells can be dug, no foundations, it may trigger a collapse which affects your surrounding neighbors. Eventually, earthquake will take the place and no one will buy in the area with this knowledge.