...I think I would rather have my money in land if they devalued the dollar. Land has value, maybe not so much with a big fancy house on it but land itself has value.
Undeveloped land is typically a bad investment, unless you plan to develop it, yourself, in which case it might even be a worse investment. For an individual, vacant land is hard to sell--there is a huge supply. Whereas a house mostly appreciates with the local housing market. And there is usually a demand.
