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Below-ground shelters are the best in terms of durability, but there is a risk of flooding and obstruction. Modern technology and rigorous construction requirements make above-ground shelters a better option for accessibility, safety, and, usually, your budget. They may not have the same aesthetic appeal, but many of their features make above-ground shelters a better option. 

Damp proofing and waterproofing are both methods to help keep your basement dry. Damp proofing keeps soil moisture from entering your basement, which is helpful since your basement is underground. Waterproofing, however, keeps both soil moisture and liquid water out of the basement, which is essential, especially if you live in a wet environment. Because it’s more protective, waterproofing typically costs more than damp proofing.

In nearly all cases, you are required to install a vapor barrier in your crawl space. However, local regulations will change based on the local climate and the crawl space's susceptibility to moisture. Even if a vapor barrier is not legally required, it is often a good idea to keep your crawl space dry.

Yes, usually you will need some kind of vapor barrier on the exterior walls when the framing is attached to concrete and masonry surfaces.