You cant compare between the two.The truth is residential is good location and has more demand than supply always appreciate over ten years. 

I get the money printing, but the lack of supply was more detrimental to prices as was the supply chain more detrimental to inflation than anything else. 

A few years ago a MF boom started (that is still going), and I realized my older units in cut up old victorians weren't going to cut it against new supply.

That's true of every market now, I suppose, with interest rates and supply problems, until either prices go down or rents go up.

This thesis statement was driven by the collective understanding that there are significant rental inventory supply issues in most markets in the country.

Reno / Tahoe is not building out much because of the geography creating a supply issue over the next 2-5 years, there is strong tech, manufacturing (Tesla), and logistical job growth.

Market Supply remains relatively flat matching listing inventory indicating a stable buyer’s pool.

They can just go to Airdna and check how much money the average short-term rental in Punta Cana makes and they'll have an objective answer.Finally, I'm getting bombarded by messages from Dominican developers building short-term rentals in Punta Cana so, when looking at the statistics, bear in mind that the supply and therefore competition is going to increase significantly.

Market Supply indicates that buyer activity remains constant as the supply tracks the listing inventory near 1 for 1.

The buyer market remains consistent since the Market Supply metric tracks the Listing Inventory numbers.