Lands located in the urban areas are appreciating but there are still cheap lands in rural areas. However, my country's poor economic conditions adversely affect the real estate sector. Businesses are going through hard times, many people are losing jobs and many firms are closing down. This is making many people sell properties which has led to a fall in the price of landed properties. Many people are selling properties to fund their immigration to developing nations. So currently, the real estate sector of my country is going through a drastic fall in price.
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets?
Investing in land is capital-intensive. Most people who are buying land in urban areas have enough funds to finance such an investment. But if you don't have such funds, it will be better to buy land in rural areas and wait for a long time for the price to increase. I don't have such funds to buy land in urban areas which is why I am interested in buying cheap land in rural areas. It is important to diversify your investment that is why Bitcoin is also another good investment because you can invest what you have at the time.