At this existing bitcoin price, the owner is highly knowledgeable about cryptocurrency. The value would be triple in just a year if the said house be sold at the current rate. That's a good move and certainly, give me an idea in the future dealings out of this kind.
The Philippines is always one of the top destinations in Asia on crypto spending. No tax, no regulations but with high business appreciation.
I'm gonna sell my house now so I can buy 3 more in December when bitcoin increased.
This is rather a PR move by him. If he really wants cryptocurrency he can sell it for fiat and then buy crypto. The result will be the same because there are no fes when you buy cryptocurrency OTC and very little fees when you buy on exchange.
Also selling for fiat would be much easier because not many people own crypto compared to those who own fiat.