Critical Evaluation of Governmental Policies for Housing Affordability in Australia

`
Critical evaluation of the governmental policies
meant for Housing Affordability for the people in
Australia
Student Name: Student Number: Course:
Research Focus
• Housing is one of the fundamental right for every individuals as well as basic
need for the healthy well- being.
• It has been widely reported in the recent studies housing cost has been
increased rapidly in the recent years that the cost of housing in Australia
have been increased (Little Real Estate 2019).
• In the last decade Australian housing sector has seen an increment in the
housing unaffordability among the Australians..
• Hence, there is an urgent need to determine how this unaffordability has
affected the Australians and the housing affordability of the Australians.
• To address this growing issue. Australian government has implemented
various housing policies to increase the housing affordability among the
Australians (Scutt 2019).
• Therefore, the purpose of this research investigation is to critically evaluate
the governmental policies meant for Housing Affordability for the people in
Australia.
Research Question and
Hypothesis
• The research questions for this investigations has been provided below.
• RQ1 : What is the housing affordability ratio among the people of Australia.?
• RQ2 : How does the government policies impact the people with the regard
of housing affordability?
• Research Hypothesis: Housing affordability has been increased among the
people of Australia in recent times .
Operational Definition
• In relation to the operationalization, two measurement factors will be
considered in this regard. Theses to factors are Residual measurement and
Ratio measurement.
• Residual measurement: This will be focused on the ability to sustain the
acceptable standard of living after the housing costs (Aph.gov.au 2019).
• Ratio measurement: This measurement will be focused on the inter relation
between the household income and housing expenditure. Either of them will
be considered as mean or median (Aph.gov.au 2019).
Procedure
Methods
• To address the research question above, Secondary Quantitative Method will be
implemented for this research investigation (Johnston 2017).
• Due to the huge size of the population group primary research will not be feasible
within the boundaries of this project, hence Secondary Research method will be
adopted (Johnston 2017).
• Data for the secondary research will be collected from the ‘Australia Social
ATLAS’.
• Quantitative method will be implemented so that the Residual measurement and
Ratio measurement can be calculated.
• Target population age group will be 18 years old to 60 years old. This is prime age
group where an individual primarily earns, hence these age group has been chosen.
• Target population group will lower to lower middle income group. This income are
far more likely suffer housing unaffordability, hence, this income group has been
chosen.
• Collected data will be analyzed with SPSS statistical software (MacInnes 2016).
Strengths and
Limitation
References
• Aph.gov.au 2019. Housing affordability in Australia – Parliament of Australia. Aph.gov.au.
Available at: https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/
Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability [Accessed 4 Jun.
2019].
• Choy, L.T., 2014. The strengths and weaknesses of research methodology: Comparison
and complimentary between qualitative and quantitative approaches. IOSR Journal of
Humanities and Social Science, 19(4), pp.99-104.
• Johnston, M.P., 2017. Secondary data analysis: A method of which the time has
come. Qualitative and quantitative methods in libraries, 3(3), pp.619-626.
• Little Real Estate 2019. The state of affordable housing in Australia | Little Real Estate.
Little Real Estate. Available at: https://www.littlerealestate.com.au/news/the-state-of-
affordable-housing-in-australia [Accessed 4 Jun. 2019].
• MacInnes, J., 2016. An introduction to secondary data analysis with IBM SPSS statistics.
Sage.
• Scutt, D. 2019. Housing affordability in Australia is improving for the first time in ages.
Business Insider Australia. Available at: https://www.businessinsider.com.au/australia-
property-market-housing-affordability-june-2018-9 [Accessed 4 Jun. 2019].
• The data for this research investigation will be collected through Secondary
research method, hence, no ethical consideration is needed for the for the data
collection method.
• All the data will be collected from the official website where data is freely
available. No piracy or illegal download will be conducted for this investigation.
• Citation will be provided where appropriate an required.
Ethical Consideration
1.
Literature review and identification of
research focus area.
2.
Development of research question and
hypothesis
3.
Performing of secondary analysis
4
Data collection
5
Analysis of the collected data
6
Final Report production
Strengths:
• The strength of this investigation is that the all the population of Australia will
be considered in this research investigation.
• The data will be collected from the ‘Australia Social ATLAS’, hence the
collected data will be authentic.
• Quantitative measurement will be considered for this research, hence, there
will be no bias in the interpretation of the data (Choy 2014).
Limitations:
• No primary research will be conducted for this assignment and only secondary
research will be conducted for this investigation. Hence, this is one of the
significant drawback or limitation of the research.
• In addition to that, there might be chance for bias in the collected data and it
cannot be avoided as the data that will be used are collected by another
organisation.
• This probability of presence of bias in the collected data is one of the limitation
of this research investigation (Choy 2014).
• .