I think this highlights a key advantage of Bitcoin, liquidity. It’s easy to transfer, sell, etc. So BTC is strictly better than real estate in this regard. A bitcoiner likely would not be in this situation, they could sell or transfer their BTC in minutes.
And this gets convoluted because when people say “cash” it isn’t physical cash, it’s in some sort of account with varying levels of liquidity(usually very liquid but not always) and security.