Yes! you are absolutely right here.

My encounter as an aspiring land owner in Africa, I actually respect the use of NFTs as a direct proof of land ownership rather than tokens; it makes it more realistic especially when various angle view of the land is shown, anyway there can be a bit of drone view of the land for proof before one needs to by the land.

Have you take a look at other RWA projects? ie - Sandbox and decentraland, there land parcels are also NFTs, but they are mostly virtual lands bit real landed property. When there is bad market condition, the value of the virtual NFT lose value but the real value of the landed NFTs is not affect by bear market but by the current state of the environment which the land is located.