{"id":25625,"date":"2025-05-07T16:02:07","date_gmt":"2025-05-07T16:02:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25625"},"modified":"2025-05-07T16:02:07","modified_gmt":"2025-05-07T16:02:07","slug":"bitcoin-over-buildings-billionaire-investor-shuns-real-estate-as-bad-investment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25625","title":{"rendered":"Bitcoin Over Buildings: Billionaire Investor Shuns Real Estate As \u2018Bad Investment\u2019"},"content":{"rendered":"
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One of Mexico\u2019s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin<\/a> is a better investment than property. Ricardo Salinas Pliego, worth nearly $6 billion, expressed the view on his X (formerly Twitter) page this week. He described purchasing a home as an \u201cexpense\u201d and encouraged individuals to reconsider investing in property.<\/p>\n

In Salinas\u2019 opinion, Bitcoin is the better bet. He didn\u2019t just say it \u2014 he\u2019s investing where his mouth is. The billionaire has approximately 70% of his assets in Bitcoin and Bitcoin-related investments.<\/p>\n

Real Estate Viewed As An Expense, Not A Profit<\/h2>\n

Salinas didn\u2019t hold back when talking about real estate. He said owning a house isn\u2019t 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\u2019t be moved or changed easily.<\/p>\n

\n

Invertir en BIENES RA\u00cdCES es una P\u00c9SIMA INVERSION!!!<\/p>\n

NO se dejen convencer, los bienes ra\u00edces NO son una buena inversi\u00f3n.<\/p>\n

Comprar una casa para vivir es un gasto y comprar una casa o un departamento para rentar, es una pendejada, mejor inviertan en #Bitcoin<\/a>.<\/p>\n

S\u00edganme para m\u00e1s\u2026 pic.twitter.com\/2YYYrZOEOq<\/a><\/p>\n

\u2014 Don Ricardo Salinas Pliego (@RicardoBSalinas) May 5, 2025<\/a><\/p>\n<\/blockquote>\n

While most continue to view real estate as the conservative and default option, Salinas explicitly expressed his belief that perception is archaic. In a nutshell: individuals purchasing real estate as a speculative investment could be mistaken.<\/p>\n

<\/p>\n

Bitcoin Offers Larger Gains<\/h2>\n

Numbers back what Salinas is claiming \u2014 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%.<\/p>\n

That type of spike is not typical, and some investors caution that Bitcoin is volatile and uncertain. However, it\u2019s difficult to deny the figures. More people are taking notice, particularly after institutions started purchasing in.<\/p>\n

Bitcoin requires no fixes. It requires no roof. There\u2019s no water fee or renter to bother you. And to real estate, it\u2019s considerably less difficult to purchase or sell rapidly.<\/p>\n

\"\"<\/p>\n

Housing Market Growth Slows Down<\/p>\n

According to a recent JPMorgan report<\/a>, US home prices will only increase 3% in 2025. That\u2019s a modest rise, considering inflation and other expenses are on the rise. Demand is also declining. Higher interest rates and economic uncertainty are driving many buyers out of the market.<\/p>\n

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

Salinas Doubles Down On Bitcoin<\/p>\n

Salinas isn\u2019t unfamiliar with Bitcoin. He\u2019s spoken of it for years. But to keep 70% of his wealth in it? That\u2019s a powerful indication that he thinks the future of it. For someone who heads a giant business empire such as Grupo Salinas and Grupo Elektra, the move speaks volumes.<\/p>\n

Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

One of Mexico\u2019s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property. Ricardo Salinas Pliego, worth nearly $6 billion, expressed the view on his X (formerly Twitter) page this week. He described purchasing a home as an \u201cexpense\u201d and encouraged individuals to reconsider investing in property. In […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25625","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25625"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25625\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}