Abstract: An ageing population raises many questions about the appropriateness of current housing and neighbourhood options. While downsizing or retirement village living are often the major stereotypes for the ideal living arrangements for older Australians, only a relatively small percentage of older Australians actually live in such housing. The vast majority remain in the general community in separate houses with 3 or more bedrooms. Indeed, government policy encourages ageing in place and has progressively increased the delivery of support services to the home, resulting in substantial savings to the public purse and, arguably, better health and wellbeing outcomes for older people. In the light of these changes, it important to understand the perceptions of older people themselves about the housing and neighbourhood options available and their reasons for staying put or moving. This paper reports on research undertaken for the Australian Housing and Urban Research Institute (AHURI) on housing, land and neighbourhood use by older home owners, and in particular what it reveals concerning the attitudes and preferences of older people with regard to options for improving efficiency and liveability. Findings are drawn from a national survey of 1604 older home owners in 2007-8 and 70 follow-up interviews undertaken in five states and territories in 2008-9. In addition to confirming that older people have the strongest preference for remaining in their current home with appropriate support, it canvasses their views on a range of other future housing options and the circumstances that might precipitate changes in their housing arrangements. Implications for housing and urban policy and the development industry are then discussed.