I just feel like real estate it way too risky to hold in the long term.

You are not owning the actual real estate but rather the piece of paper that grants you title to the land. Which can be obviously retracted from you at any given time if the government decides to do so.

Also, it's not accessible - there is no access for people with net worth of at least $100-200k in savings.

Cryptoassets and precious metals remain the strongest options in the inflation hedge category imo.