Can you explain a little about what you mean when you say that passive components are no longer electrically short? Like do you mean that these components will cause some type of impedance?
Think of it this way: In classical circuit analysis, you assume (gennerally) that any point in a trace is at the same voltage: If I measure 0.5V at the beginning of the trace, it will (at the same moment in time) also be 0.5V at the end of the trace, ignoring any drop due to losses.
If you go up in frequency, the wavelength becomes shorter. At mains frequencies (a few hundred Hz at most), the wavelength is on the order of 1000's of km. If you go to tens/hundreds of MHz, the wavelength is on the order meters. But at 30GHz, the wavelength is just 1cm! That means that if you were to look at a wire of 1cm carrying a 30GHz signal, the voltage on that wire would go from zero to the maximum, to zero, to -maximum, and back to zero again (it is a bit more complicated than this, but you get the idea).
What this means is that you can't really say very sensible things about the voltage over, say, a through hole resistor, because within the length of the resistor, there is more than an entire wavelength! Now how much current is flowing through that resistor if different parts inside of that resistor have a "different" voltage drop across them?! All those simple models start falling apart!
It gets even worse when you start including parasitics. A coil is made up out of a wire. That wire has a resistance. At low frequencies, we can just pretend the resitor is pretty much in series with the inductor. Now remember that the short waves caused a different voltage on all the bits of the resistor example earlier? It does the same in this inductor. Now we can't just pretend it's a resistor and inductor in series, but it's like the resistor and the inductor have "fused" into one strange, complicated component.
And it get's even worse when you start thinking about reflections and so on, where a two cables that are shorted at one end, appear to be an open circuit at high frequencies, or vice versa!
In short, RF design is a mess and complicated bit of wizardry - but that's what makes it fun for those who enjoy the complexity.