I recently studied this very issue. People overlook the fact that liquidity seems like a guarantee of safety, but it costs you in the form of compound interest. A friend of mine switched from short positions to real estate in Dubai, and the difference in asset growth over 36 months was significant. For example, several useful real estate analytical reviews can be found here
https://atvir.com/ The real risk here is the lost profits from holding on to liquidity for too long.