Half of those living in poverty in Britain today are homeowners. Yet current government policy is not orientated to this reality. Policies aimed at those living in poverty are heavily skewed towards those living in rented accomodation. This report demonstrates the urgent need to re-evaluate our understanding of both poverty and home ownership. Drawing on data from the Joseph Rowntree Foundation's Poverty and Social Exclusion Survey of Britain, it presents a detailed picture of the realities of home ownership at the margins and provides evidence in support of the need for radical changes in policy towards sustainable home ownership.