Exploring Factors Affecting House Rents in Sydney

In this study, a deductive approach was employed to examine the reasons behind increased house rents in Sydney. A analytical-descriptive research design was chosen to provide detailed information on the topic. The survey method and interview procedure were used as research strategies to collect data from 50 samples of people residing in rented houses and 5 owners of rental properties. The study's limitations include time constraints, limited sampling, and potential bias in interviews with property owners. This research aims to contribute to the existing body of knowledge on housing markets by providing insights into the factors driving increased house rents in Sydney.

Running head: RESEARCH PROPOSAL
Reasons for house rent increase in Sydney
Name of the Student
Name of the University
Author Note

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Table of Contents
1.0 Introduction..........................................................................................................................3
2.0 Project objective...................................................................................................................3
3.0 Project scope........................................................................................................................3
4.0 Literature review..................................................................................................................3
5.0 Research questions...............................................................................................................4
5.1- Primary question-............................................................................................................4
5.2- Secondary questions-......................................................................................................4
6.0 Research design and methodology.......................................................................................4
Research method outline........................................................................................................4
Research Philosophy..............................................................................................................4
Research Approach................................................................................................................5
Research Design.....................................................................................................................5
Research strategy...................................................................................................................5
Selection of Sampling Methods and Sample size..................................................................6
Data collection method..........................................................................................................6
6.1 Qualitative........................................................................................................................6
6.2 Quantitative......................................................................................................................6
Data analysis..........................................................................................................................7
Research ethical consideration...............................................................................................7
7.0 Research limitations.............................................................................................................7

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8.0 Time schedule......................................................................................................................8
9.0 Conclusion............................................................................................................................8
References..................................................................................................................................9

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1.0 Introduction
Increase in the rents for houses is an important issue in Sydney as it has a direct effect
to the people who are staying at the rented houses. This however, has a huge impact on the
mass in Sydney. Thus, this topic has been chosen for further research. There is a gap which
has been identified from the literature review based on this topic and that is from the various
researches that are done earlier the reason has not been clear that why there is an increase in
house rents in Sydney. Therefore, to fulfill this gap this research has been done.
2.0 Project objective
The main objective of this research is to find out the reason behind the increase in
house rent in Sydney. It further identifies the factors and their impacts behind the increased
house rents in Sydney.
3.0 Project scope
In Sydney there is a huge scope for this research topic as it is the greatest concern
now that the price of the rented houses are increasing day by day. However, it is not possible
for everyone to buy their own houses and thus, there are a number of people who are
preferring to stay in rented flats, houses or apartments.
4.0 Literature review
According to Gitelman and otto2012, the supply of inelastic is less than the unity for
all kind of housing though they found out that supply elasticity is comparatively larger for
apartments and flats than the separate and semi-detached houses, terraces or townhouses. In
another research by Justiniano, Primiceri and Tambalotti 2015, that was done on household
leveraging and deleveraging, result suggests that the factors that have a direct impact on the

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house rents affects the variability of credit by a modification in collateral values. However, it
further states that the household debt impend alone can never account for the leisurely
recovery from the recession.
5.0 Research questions
5.1- Primary question-
1. What are the reasons for increase in house rents in Sydney?
5.2- Secondary questions-
1. What are the factors for increase in house rents in Sydney?
2. What is the impact of increase in house rents in Sydney on youth?
6.0 Research design and methodology
Research method outline
For this particular research, the researcher has chosen positivism as the philosophy of
the research. Researcher has taken help using various tools just to find the appropriate forms
of findings. Following that, the research approach that has been taken is the deductive method
and the reason behind selecting this particular approach is that it guided the researcher with
the already existing models and theories related to the topic. Lastly, for the research design
the descriptive or analytical design method has been usedalong with the research strategy of
survey and interview methods (Petty, Thomson, and Stew 2012).
Research Philosophy
Research philosophy is actually the set of beliefs regarding the way the data about the
study shall be collected, evaluated and used. Three types of research philosophies are there
and they are positivism, realism and interpretivism (Wahyuni 2012). It helps the researcher to

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proceed with a thorough study of the different theories and models. However, the researcher
has chosen positivism as the philosophy and it aims to help the researcher to evaluate the
current market situation that will provide which a broader outlook to the procedure of the
research. It will further investigate the topic in a rational as well as a critical way. The other
two types of research philosophies are avoided mainly because they are based on human
perspective and result of the study.
Research Approach
Deductive and inductive research approaches are there. Deductive approach deals
with the theories and models that are already prevailing whereas the inductive approach relies
on the theories and models that are new (Bryman 2015). Deductive approach has been
chosen, as that is easier for the researcher to proceed with the already existing models and
theories because it is difficult for him to develop fresh theories and models for this study.
Research Design
Researchers mainly follow three types of research designs those are analytical or
descriptive, exploratory and the explanatory research designs (Gray 2013). The chosen
research design for this particular study is analytical descriptive design. This particular design
provides the researcher to undergo the different approaches in a much detailed and
descriptive style. Analytical and descriptive mode of research design always helps the
researcher to research on the topic with detail information on the topic. It further helps to go
through different approaches in a much detailed and descriptive form. It also defines the topic
in a critical manner and this is the reason why the researcher chose this design.
Research strategy
Research strategy helps the researcher to direct the study in the correct direction.
However, there can be many research strategies but among them the most commonly used are

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case studies, focus group, survey methods and interview procedure. Thus, when the research
demands data from the large samples then the best research strategies are survey method and
interview method. Therefore, as this study needs to know the view of the common people
who are associated with rented houses thus the best suitable strategies are survey and
interview methods (Flick 2014).
Selection of Sampling Methods and Sample size
For doing the sampling method, the researcher has used both probability and non-
probability techniques. Random sampling technique has also been used so that the researcher
can gain a better understanding of this topic. For this purpose, 50 samples have been
conducted among the people who are residing in a rented house and 5 samples are
interviewed by theresearcher who is giving their flats or houses on rent. The sample has been
selected from the population residing in Sydney (Robinson 2014).
Data collection method
Here the primary data is the information that is obtained by the researcher through the
different methods of surveys and interviews. However, the information that is gained is very
genuine and thus gives a better outlook to the study. On the other hand, the secondary data
are those information that are previously available in printed or other forms that is the
surveys or researches that are already done related to this situation. For this particular study,
both the above-mentioned data collection methods have been used (Schilling 2014).
6.1 Qualitative
Five people were interviewed who are giving their flats or houses on rent with few
basic questions.

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6.2 Quantitative
Simple random survey has been conducted among 50 sampleswho are residing in a
rented house or apartment through printed questionnaires.
Data analysis
Chart and table format has been followed so that a clear understanding of the deduced
figure can be obtained. However, to assess the quantitative data the numerical digits were
converted to percentages and then they are further displayed in different charts, graphs and
the tables. To calculate the mean, median, mode and standard deviation of the findings
descriptive statistics have been used. Whereas, to access the qualitative data the speeches of
the interviewee has been analyzed well for which thematic analysis has been done to analyze
the interviews (Sgier 2012).
Research ethical consideration
This research has been performed in an unbiased way where ethical guidance was
strict. The priority was to proceed with the research without harming the legal proceedings of
doing a research. The points that were kept in mind while conducting the research are that the
sample should not be forced to join the survey, they will have their independence to withdraw
their participation at any moment they want (Ritchie et al. 2013).
7.0 Research limitations
There have been a number of limitations that came up while conducting this research
though various approaches were made to avoid them. The perspective of the people residing
in a rented house would have been clearer if more data could be collected from more
samples. Time is another limitation in this research. More time could have gained better and
wider results. The interviews from the owners of the flats or houses who are giving their
property on rents can be bias to share their point of view (Crowe et al. 2013).

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8.0 Time schedule
The work of this research has been divided into a time schedule. This time schedule is
the framework of the research used for carrying out different activities of the research that
involves the major parts of the project. For this particular research, a realistic estimation of
time has been done that is essential to conduct this research (Bell 2014).
9.0 Conclusion
Thus,this research focuses on the reasons behind the increased house rents in Sydney.
However, to search for the factors and their impacts 50 samples were selected from the
population who are residing in rented houses. Survey has been conducted through a
questionnaire on them along with interviewing five people who give their houses, flats or
apartments on rents. The research methodology and design further describes the research has
been strategies and the data has been collected. Moreover, few limitations that were faced
while conducting this research, which were time, limited sampling and bias interviews of the
people who are giving their housing properties on rent.

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References
Bell, J., 2014. Doing Your Research Project: A guide for first-time researchers.McGraw-Hill
Education (UK).
Bryman, A., 2015. Social research methods.Oxford university press.
Crowe, C., Dell’Ariccia, G., Igan, D. and Rabanal, P., 2013. How to deal with real estate
booms: Lessons from country experiences. Journal of Financial Stability, 9(3), pp.300-319.
Flick, U., 2014. An introduction to qualitative research.Sage.
Gitelman, E. and Otto, G., 2012. Supply elasticity estimates for the Sydney housing market.
Australian Economic Review, 45(2), pp.176-190.
Gray, D.E., 2013. Doing research in the real world.Sage.
Justiniano, A., Primiceri, G.E. and Tambalotti, A., 2015. Household leveraging and
deleveraging.Review of Economic Dynamics, 18(1), pp.3-20.
Petty, N.J., Thomson, O.P. and Stew, G., 2012. Ready for a paradigm shift?Part 1:
Introducing the philosophy of qualitative research. Manual therapy, 17(4), pp.267-274.
Ritchie, J., Lewis, J., Nicholls, C.M. and Ormston, R. eds., 2013. Qualitative research
practice: A guide for social science students and researchers.Sage.
Robinson, O.C., 2014. Sampling in interview-based qualitative research: A theoretical and
practical guide. Qualitative Research in Psychology, 11(1), pp.25-41.
Schilling, N., 2014.Surveys and interviews. Research methods in linguistics, p.96.
Sgier, L., 2012. Qualitative data analysis.

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Wahyuni, D., 2012. The research design maze: Understanding paradigms, cases, methods and
methodologies.