When asked for investment advise, humorist Will Rogers joked that people should "buy land. They ain't making anymore of the stuff". Explain his advise in terms of supply and demand model.   I'm having trouble understanding supply and demand to the point of trying to explain this in my own words.  Some advice or simplification of supply and demand would be greatly appreciated.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Process
Section: Chapter Questions
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When asked for investment advise, humorist Will Rogers joked that people should "buy land. They ain't making anymore of the stuff". Explain his advise in terms of supply and demand model.  

I'm having trouble understanding supply and demand to the point of trying to explain this in my own words.  Some advice or simplification of supply and demand would be greatly appreciated. 

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