Interest rates and history would seem to argue current prices are not sustainable based on alternative market returns.

There are a few presenters talking sociology and generational wealth management that suggest aging Boomers will begin to become risk averse and therefore seek CD’s, bonds, and real estate as stable and/or tangible assets keeping demand stable.

I am 38, I am in the wealth building phase, and I can’t do that at current land prices.  People who want to accept tiny returns are welcome to continue the game for now.   Some sort of extended multi-decade price plateau seems likely to me.

Advise is worth what you paid for it, unless you want to pay me monthly cash, in which case I have lots of opinions I can continue to share with you.