One of the richest entrepreneurs in Mexico provided this to claim this on the dramatic social media Bitcoin It is a better investment than property. Ricardo Salinas Balo, worth $ 6 billion, expressed his view of his X (previously on Twitter) page this week. He described the purchase of a house as “expenses” and encouraged individuals to reconsider investment in property.
In the opinion of Salinas, Bitcoin is the best bet. Not only did he say – he invests where his mouth is. The billionaire owns about 70 % of its assets in relevant investments in Bitcoin and Bitcoin.
Real estate that is seen as expenses, not profit
Salinas did not back down when talking about real estate. He said that having a house is not an investment as many people believe. Instead, it is seen as something that drains money. Property comes with taxes, maintenance and papers. It remains in one place and cannot be transferred or changed easily.
Investing in real estate is a bad investment !!!
Do not let themselves convinced, real estate is not a good investment.
Buying a house to live is an account and buying a house or section for rent, it is naked, better investment #Bitcoin.
Follow me for more … pic.twitter.com/2yyrzoeoq
Don Ricardo Salinas Playgo (@ricardobsalinas) May 5, 2025
While most of them continue to consider real estate conservative and virtual option, Salinas expressed his belief that the perception is old. In short: Individuals who buy real estate can be mistaken as speculative investment.
BTCUSD trading at $96,437 on the 24-hour chart: TradingView.com
Bitcoin offers greater gains
Numbers belong to what Salinas demands – at least recently. Between 2017 and 2024, property was generally provided 36 % revenue. During the same time frame, Bitcoin exploded by approximately 2000 %.
This type of height is not typical, and some investors warn that bitcoin is volatile and unconfirmed. However, it is difficult to deny the numbers. More people notice, especially after the institutions have started buying.
Bitcoin does not require any repairs. It does not require any roof. There are no water fees or tenant to annoy you. And on real estate, it is very difficult to buy or sell quickly.
Image: Finance Monthly
The growth of the housing market slows down
According to the hadith JPMorgan reportThe prices of homes in the United States will increase only 3 % in 2025. This is a modest rise, given inflation and other expenses at a rise. The demand also decreases. High interest rates and economic uncertainty in removing many buyers from the market.
Investors who have previously specialized in homes turn to another place. Bitcoin, with increased use and low maintenance costs, has become increasingly attractive to retail as well as investors from large money.
Salinas doubles on bitcoin
Salinas is unfamiliar with bitcoin. He talked about it for years. But to keep 70 % of his wealth in it? This is a strong indication that he believes his future. For a person who heads a giant business empire like Grupo Salinas and Grupo Elektra, this step talks about volumes.
Distinctive image from Gemini Imagen, the tradingvief chart
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