Bitcoin Is a Better Investment Than Property, Says One of Mexico's Wealthiest Entrepreneurs

One of Mexico's wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property.

One of Mexico’s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property.

Ricardo Salinas Pliego, who has a net worth of nearly $6 billion, expressed the view on his X (formerly Twitter) page this week.

He described purchasing a home as an “expense” and encouraged individuals to reconsider investing in property.

Instead, Salinas advised them to invest in Bitcoin. He personally prefers the cryptocurrency, with about 70% of his assets in Bitcoin and related investments.

Real Estate Viewed As Expense, Not A Profit

Salinas didn’t mince words when talking about real estate. He said that owning a house isn’t really an investment like many people think.

Instead, he views it as something that drains money. Property comes with taxes, maintenance, and paperwork. It stays in one place and can’t be moved or changed easily.

Invertir en BIENES RAÍCES es una PÉSIMA INVERSION!!!

NO se dejen convencer, los bienes raíces NO son una buena inversión.

Comprar una casa para vivir es un gasto y comprar una casa o un departamento para rentar, es una pendejada, mejor inviertan en #Bitcoin.

Síganme para más… pic.twitter.com/2YYYrZOEqq

— Don Ricardo Salinas Pliego (@RicardoBSalinas) May 5, 2025

Most continue to view real estate as the conservative and default option, but Salinas explicitly stated that such a perception is archaic.

In his view, individuals purchasing real estate as a speculative investment could be mistaken.

Bitcoin Offers Larger Gains

The numbers back what Salinas is claiming – at least in recent times.

Between 2017 and 2024, property overall provided a return of 36%. During the same time frame, Bitcoin exploded by virtually 2,000%.

Of course, that type of spike is not typical, and some investors caution that Bitcoin is volatile and uncertain. However, it’s difficult to deny the figures.

More people are taking notice, especially after institutions started purchasing in.

Bitcoin requires no fixes. It requires no roof. There’s no water fee or renter to bother you. And to real estate, it’s considerably less difficult to purchase or sell rapidly.

Housing Market Growth Slows Down

According to a recent JPMorgan (NYSE:JPM) report, U.S. home prices will only increase by 3% in 2025.

That’s a modest rise, considering inflation and other expenses are rising. Demand is also decreasing. Higher interest rates and economic uncertainty are driving many buyers out of the market.

Investors who previously specialized in houses are now turning elsewhere. Bitcoin, with its increasing use and reduced maintenance costs, is becoming increasingly appealing to retail as well as big-money investors.

Salinas Doubles Down On Bitcoin

Salinas isn’t new to Bitcoin. He’s spoken of it for years. But to keep 70% of his wealth in it? That’s a powerful indication that he believes in the future of the coin.

For someone who heads a giant business empire such as Grupo Salinas and Grupo Elektra, the move speaks volumes.