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Abstract The study investigates the impact of residential context on stressful events and Subjective Well being (Emotional and Psychological) in young people living in a deprived geographical area, and the mediating role of personal (Self‐Efficacy) and social (Social Support, Sense of Community) variables. A questionnaire was submitted to 297 subjects (48.5% males): 203 adolescents (14–19 years old) and 94 young adults (20–27 years old), from different socio‐economic (SES) levels. Results confirm the significant impact of the residential context on youngsters' perceived residential quality, Stress and Subjective Well being outcomes; such effect partly differs according to participants' gender and age. Adolescents are less satisfied of their living context and enjoy lower well being than young adults. Social resources (Friend and Family Support) significantly buffer the effect of a deprived residential context of youngsters' Well being, whereas personal resources (Self‐Efficacy) directly increase Well being levels. Copyright © 2008 John Wiley & Sons, Ltd.
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