I’ve always thought that land was a better investment than just about anything else, because it has intrinsic value, and they aren’t making any more of it (with notable exceptions demonstrated by the Dutch and the Japanese). The problem with land though, is property taxes. Just because property taxes are really low for rural acreage now, does not mean that the rates cannot be substantially increased later, especially if socialists are in power for a long time.
During the Great Depression people lost farms and land because they could not pay the taxes