Imo, Land is an overvalued asset not undervalued. There's so much land everywhere but people by saturating specific land areas are inflating the prices of that land.

In my country, we can still get 1 hectare of agriculture land, to my knowledge, in $10k. Isn't it cheap considering we can easily live off the land and it would be worth much more in 10 or 20 years?

So, I mean, I don't oppose there are many better returns providing assets now, but land is something that's a requirement and the more the better.