The method is also reliable as it will enable the researcher to reach the respondents, at the any time that the questionnaire is delivered in their Email addresses. Given that the information contained in the questionnaire can be stored and accessed at the any time that the researcher and the respondents find appropriate, there are likely to be less communication problems between the researcher and the respondents and the respondents to choose (Laurel 2003, p5-220).
Before mailing the questionnaires to the targeted respondents, the researcher will request these officers to participate in the research activity. The contacts of the targeted respondents will be derived from the post office directory, which is available at the university library. The consent of the targeted officers will be sought by writing a letter of introduction, which will be signed by the academic officer in charge of the research department at the university. The letter shall then be scanned and then sent to the identified respondents.
In addition to that, the officers who will have access to the questionnaires will be encouraged to provide it those other persons in the homeless link organisations that would like to participate in the exercise. The questionnaire survey will focus on the questions, that will seek to obtain information on the effects of the credit crunch to the housing sector as it relates to the demand and supply issues in the economy in the derivation of revenue (Laurel 2003, p5-220).
The research methodology outlined above is reliable and valid as the methods focus on a given real example of the organisation, which is facing the effects of the credit crunch. Given that the questions in the questionnaire are both structured and unstructured and the targeted respondents understand well the topic that the researcher is researching on, relevant information is likely to be collected which will effectively serve the intended purpose in the society(Laurel 2003, p5-220). The sample size for the research will be 100 top management officers, of housing organisations established under the umbrella of homeless link.
Each and every response to the questionnaire questions will be analysed in relation to how the different officers will have responded to it, so as to come up with conclusive evidence of the effects of the credit crunch on the housing sector. Targeted population for the research study shall be the top management officers of the housing organisations, established under the umbrella of homeless link within the city of London (Homeless link online). The respondent rate is expected to be at least 75%, which could be able to establish a good ground to make the conclusive evidence of the research results.
A number of data analysis tools will be used like the Gantt charts, tables and graphs. Data presentation tools like graphs and charts, among others shall be used to make explanations of the research findings (Laurel 2003, p5-220). The activities of the research study shall be carried out within three months. The questionnaire technique will be administered to the targeted respondents by sending it through their email addresses. An allowance of one month will be given to the respondents to respond to the questions in the questionnaires, after which the researcher will request the respondents to submit them.
Those respondents who will have answered the questionnaires before the one month notice will be allowed to submit them. Data analysis will be carried out in the second month and then in the third month conclusive research findings will be made in the form of a research dissertation, and then submitted to the relevant authorities. The questions that will be focused on are those that are based on the performance of the housing sector during the period of economic crisis, and the effects that the credit crunch has on the housing sector.
The information shall be gathered from the top management officers of the housing organisations, that are linked to homeless link within the city of London (Laurel 2003, p5-220). The expected limitations relate to the unwillingness of the respondents to participate, costs and time availability. The researcher will ensure that the various persons that will be involved in the research study are notified about the goals and objectives of the information, which will be collected from the research study.
On the other hand, the contacts of the respondents shall be kept confidential as well as the sensitive information, which they may give in the process of answering the questions in the questionnaires. This is very important as it will enable the respondents to agree on being involved in the research process. The research problem that is being investigated is the effects of the credit crunch on the housing sector in the United Kingdom, taking the case study of the housing organisations within the city of London that are linked to homeless link.
The main objective of the study is to establish effects that credit crunch has on the housing sector, so as to enable the concerned parties to come up with programs to address these effects. In most researches focus has been made on the effects of credit crunch on the performance of the financial activities in the economy, and the resulting effects in the other sectors of the economy, there has been a lack of focus on the direct effects that credit crunch has on the housing sector in the economy.
Bank of England credit conditions survey, 2008. Clark Howes accountants, 2008. Credit crunch in UK. Special 2008 Edition. Council of Europe, 2009. Parliamentary assembly- working papers-2008 ordinary session, fourth part, 29 September –October 2008-2009. Council of Europe. International Monetary Fund (COR) & International Monetary Fund, 2008. World Economic Outlook (Weo). International Monetary Fund. Foleyin, S. Credit crunch: the $ 4bn killing. The independent business magazine. New York. 14th December, 2007. Retrieved online: http://www. independent. co. uk/news/business/news/credit-crunch-the-4bn-killing-765261. html