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Incarceration is widely recognized as a disruptive event with consequences for housing access and stability. At the same time, housing instability may increase the risk of criminal justice system involvement, such as incarceration. This study explores the relationship between incarceration and serious housing payment delinquency, defined as being over 60 days late on rent or mortgage. Using longitudinal data from the National Longitudinal Survey of Youth 1997 (NLSY97), I examine to what extent incarceration is associated with housing payment instability during adulthood. By considering both the antecedents and consequences of serious payment delinquency, this study aims to illuminate the dynamic interplay between justice involvement and housing precarity.