The assessment of housing, as practiced by officials in government agencies, is usually done by using objective indicators such as dwelling size, density, ownership and price. Such an approach is limited for two reasons: one it relates only to the dwelling itself and ignores the characteristics of the surrounding environment that may be a significant factor in the welfare of the residents; two, it assumes that objective characteristics are sufficient, and the feeling and preferences of the residents either unnecessary, non-measurable or too subjective. Scientific research presently available either focuses on economic indicators and economic analysis (pricing of housing characteristics) or has examined the subjective attitudes of residents to separate aspects of the residential environment: the dwelling unit, the residential building or aspects of neighborhood services. No research has systematically looked at all of the various aspects that together make up the 'dental environment, from the point of view of the residents, in an integrative fashion. The paper, a report of a study in progress, offers a multidisciplinary, multilevel and multimethod approach to the housing discourse. It suggests an approach to the study of housing based on the inclusion of all aspects (social, physical, environmental) and all levels (dwelling, building, neighborhood) of the residential environment, and the differentiation between subjective housing bundles of different population groups. Our goal is to contribute a socially conscious approach to the development of housing indicators to be used by policy makers.