This is coming from a former carpenter who built several new “tract-shack” budget homes that probably won’t last 30 years, and other custom new homes that will last for centuries.

-And, are these tract housing communities good for rental props and appreciation...or should I steer clear?

The governor is not going to seize a small timber tract or personal residence as a necessary resource to manage in an emergency. 

Unless you're east of the Cape Fear River, you won't find many large tracts of flood land, if any at all.

I have built in Mac  and Carlton and Yamhill  small projects and of course probably bought and sold no less than 50 timber tracts that I logged and developed homesites in the 90s during my timber days..

I know there are a lot of variables but what I'm questioning is whether the 'tract' housing will only sell for so much.Thoughts?

However, I almost passed on a tract that was showing $35k, but upon closer inspection had been only $23k two years prior, so there was definitely some income growth happening there.

L241: TRACT FUTUREL242: TRACT URBANL322: MITIGATION LANDSL119: IMPROVED SUBURBAN

It's a beautiful 600 acre tract in the gorgeous Texas hill country and, aside from the owners, he has exclusive rights to hunt it. 

@Michael LemMonMost of our Mesa property is in east Mesa which has a large number of early 2000 build tract homes.