So what your saying is that for about $100,000 and $200 a year I could hunt 100 acres, but for just $1500 a year I could hunt 2000 acres and save myself $100,000 which could be earning me about 5% a year in interest if invested properly and I don't have to buy insurance for the land or worry about taking care of it. If all I am wanting to do is hunt the land it seems like a no brainer as to what I would do.
If that's your preference. BTW, you don't need anywhere near 100 acres to have excellent hunting year after year if you pick your spot well. Personally, I wouldn't spend $1500 a year to hunt under someone else's rules, while dodging a bunch of other folks who are hunting the same place. And land is there. Nobody can cancel your lease, and your $1500 a year isn't just gone. You can also sell it if you want and get your money back and then some. Kind of the same as buying a house vs. renting an apartment in an apartment building.