Buy land, God ain't making any more. What Bacchus said is true, you won't be able to save fast enough to get ahead of rising land prices.
I have about 50% of my investments in land. It's a way to move money into a physical asset that will increase in value. It's something I can stand on and look at, and a little more work for it to be taken away than cash in the bank. Since I'm buying it around the property I'm building a house on, I'm creating a buffer zone to keep people out, increasing my privacy, security and preserving the view. Long term investments to help my child in the golden years.
Interesting how I keep getting indirectly called an asshole and a locust by people who live in conservative areas because I want that for myself. I picked what is arguably the most conservative county in Arizona to live for all the usual reasons; affordability, less people, etc., but also because it's still full of cowboys, ranchers, truck drivers, honest working class people. I relate to them better than the asshole neighbors in my upper-middle class southern California neighborhood. People are polite, have manners.
I understand it's driving up the land and housing values in other areas, but that's just the way it is. It happened here decades ago. My kid bought a 950 sq ft condo for $300,000 three years ago. It's worth $550,000 now. I paid $410,000 for my house here 20 years ago. People are having bidding wars on similar houses for 1.2-1.5 million to live next a bunch of arrogant elitist, Tesla driving pricks. I'm the type of Californian you wouldn't mind moving in, because I have no intention of changing anything. Yeah, I'm building spec houses in the city there, but I'm also employing locals, paying taxes, putting money into the community.
Things never stay the same for very long no matter how much people bitch about it. Change is inevitable. You can either go with it, plan ahead and enrich yourself, or do nothing and then bitch about it.