Housing is a fundamental social determinant of health (Dunn, Hayes, Hulchanski, Hwang, & Potvin, 2004; Shaw, 2004). Most health research has focused on three key aspects of housing: physical housing conditions, housing affordability and housing tenure. Specifically, substandard dwelling conditions, such as overcrowding and poor ventilation, are the well-known primary risk factors of infectious and respiratory disease. Also, housing problems may cause family disruption and deprivation (Chung et al., 2020; Singh, Aitken, Baker, & Bentley, 2019). While homeownership gives homeowners a greater sense of comfort derived from favourable economic status (Baker, Bentley, & Mason, 2013; Rohe & Stegman, 1994), inadequate housing conditions tend to cause anxiety and depression (Shaw, 2004), and difficulties in affording adequate housing are likely to cause mental health problems (Mason, Baker, Blakely, & Bentely, 2013). However, the association between housing and health outcomes requires a more in-depth and comprehensive analysis in view of the complicated relationship among the housing factors, themselves. For example, homeownership and affordable housing do not necessarily accompany decent dwelling conditions, particularly among low-income households (Pollack, Griffin, & Lynch, 2010). Although higher-income households are more likely to be homeowners, some of the low-income households might also be homeowners (Baker et al., 2013; Macintyre et al., 2003). Moreover, higher-income households tend to pay higher housing costs, but this is often because of their willingness to pay for decent housing, rather than financial hardship (Bentley, Baker,