There has been ample research conducted on income and education, as well as income and health outcomes. However, little or no analysis has been done on housing participation and health and well-being outcomes through This paper addresses whether home ownership participation lead to improved social outcomes. It presents an analysis of the causal impact of home ownership on self reported measures of health, mental state and life satisfaction. While intuitively higher house values could be correlated with better income which in turn could be correlated with better housing, this paper explores whether there is a causal influence between the structure of housing, home equity and social outcomes.