Has Obama’s housing policy failed?

President Obama is expected to once again offer ways to help the beleaguered housing market in his State of the Union speech Tuesday night.

But don’t look for Obama to announce any major new initiatives, a far cry from his debut State of the Union speech in 2009, when he previewed the first of what would become a long line of foreclosure fixes.

Until now, however, Obama’s efforts to revive the housing market have largely failed. But it isn’t entirely Obama’s fault, experts say.

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3d rendering of a row of luxury townhouses along a street

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