Am writing this while staying in Airbnb tonight.
My first 'airbnb' experience was more than 20 years ago, when I visited Denmark. The landlady just left the place to myself. So such practices existed pre-airbnb era. The internet and globalisation were not so extensive then. Personally I see no problem with an owner managing his/her own property to short stay guests. The problem I have is the existence of syndicates that manage such Airbnb operations. The unit I am staying now is like that, already I have three 'partners' whom I need to contact during this short stay. rather than 'hosting' a guest and showing local hospitality ,  this has generated into money making syndicates with little or no intention to 'share' experience. I would say keep Airbnb but ban agents or operators, as they are running a business without proper registration not paying tax.

RUMAHWIP / PPA1M, cater for first home buyer, as their first home to stay.

But look here:
Sentulmas: https://www.airbnb.com/rooms/27128458
Pandanmas: https://www.airbnb.com/rooms/28209578
Puchongmas: https://www.airbnb.com/rooms/26692697

PPAM Kepong: https://www.airbnb.com/rooms/27837127
PPAM Bukit Jalil: https://www.airbnb.com/rooms/27638290
Haha. People fully exploit these affordable housing now. 

friend, how many homes are actually bought and stayed by owners when vped? 20%? 30%? 40%? in terms of highrise?

I stay in highrise, and I have no clue or whatsoever who are my neigbours on the same floor, lets alone residents of other floors.....

yes you may bumped into one or two familiar faces in lift, that's all.....YET you still don't know if they are tenant or owner.