HKAN | Jul 6

OPINION: Mexican Billionaire Ricardo Salinas Says It’s Better to Own Bitcoin Than Buy a House

Ricardo Salinas Pliego, founder and chairman of Grupo Salinas, made waves with a bold statement: “If you think a house is your investment, sell it and buy Bitcoin”, calling real estate an expense, not a true investment .

Why Salinas Prefers Bitcoin Over Property

In a recent podcast interview, Salinas argued:

Real estate costs money—maintenance, taxes and illiquidity make it less attractive .

Bitcoin is scarce and portable: “You can always make more houses. Bitcoin, you can’t make any more.”

He called Bitcoin the hardest asset in the world, outperforming gold and fiat .

Salinas’s Personal Bitcoin Commitment

Salinas has stated his personal portfolio is now roughly 70% in Bitcoin, with the remainder in gold and gold-related investments . He dismisses bonds entirely and emphasizes long-term holding using strategies like dollar-cost averaging .

Real Estate: A Liability, Not an Asset?

From Salinas's perspective, homes are “expenses,” burdened by hidden costs and tied down physically. Bitcoin, in contrast, offers global liquidity, censorship resistance, and protection from inflation .

What It Means for Big-Picture Investors

Wealth protection: For individuals in inflation-prone economies, Bitcoin offers a portable alternative compared to local real estate.

Financial paradigm shift: Salinas challenges the conventional wisdom that ties wealth-building to property ownership.

Final Take

Ricardo Salinas's provocative take—**“sell your house, buy Bitcoin”—**underscores his firm conviction in BTC’s long-term potential and challenges traditional investment norms. Whether you own a home or not, his stance forces a rethink on what it means to invest in the 21st century.