This chapter addresses the embeddedness of housing in the wider welfare regime. Through an analytical framework constructed on the basis of earlier research and empirical findings from previous chapters in the book, editors Martin Grander and Mark Stephens develop the theoretical understanding of the embeddedness of housing in the wider welfare regime. The chapter connects the changes in the global housing and welfare regimes described in the previous chapter to the previous understanding of the housing-welfare nexus. The authors start by examining the countries’ wider welfare regimes, and then the housing regimes, first within the context of Kemeny’s typology of housing regimes, and then within the framework based on previous work by Stephens, where housing is examined through the spheres of production, consumption and exchange. Finally, the two perspectives are drawn together. By such an application the authors contribute to an updated understanding of how housing can be understood and analysed as part of the welfare state.