Do you really believe that real estate is a safe investment? This is not entirely true. Maybe is more resistant in time but real estate follows the development and economic progress of the country which is located. As an example look the prices in UK before and after brexit.
It depends since you just pointed out some specific reason on a certain country.
If applied here in my country, yes real estate can considered as safe investment and it's currently one of the successful investment opportunities here even in rural areas on provinces. The growth percentage of companies with real estate investment are noticeably growing year by year. Aside from that, they also help increase the employment rate due to the fact they opened lots of jobs opportunity to the people.
Just needs some huge amount here to start but surely it's worth it in the long run.