For me at least, it's not just the idea of cheap land. The soil makeup, rainfall, growing zone, etc. all matter. You can go buy scrubland stupid-cheap for examp

For me at least, it's not just the idea of cheap land. The soil makeup, rainfall, growing zone, etc. all matter. You can go buy scrubland stupid-cheap for example, but it's not really useful for homesteading. Similarly land that was over farmed can sometimes be had dirt cheap because the soil is basically depleted and is little more than dirt.