Is this true? I think the difference in ROI between land speculation and investing in the stock market is minimal. At least according to my napkin math. And bot

Is this true? I think the difference in ROI between land speculation and investing in the stock market is minimal. At least according to my napkin math. And both incur their own risks. BTW, I am not making an arguement for renting instead of buying. But if you had a spare $1million, becoming a landlord won't make you significantly richer than just putting it in the stock market.