This paper studies housing tenure and labour mobility using individual data from the ECHP for five European countries. First, the effect of housing tenure on the unemployed's labour mobility is studied using a discrete unemployment duration model with two exits to employment, depending on whether they are associated with a residential change or not. Ownership is found to affect negatively geographical mobility. Second, the results are robust to potential endogeneity of the ownership status and institutional differences across countries. Third, post-unemployment wages are studied: the effects of unemployment spell length, geographical mobility and the existence of a self-selection bias.