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Jim Cramer on Italy: There Is No Mortgage Market

Amid worries about political uncertainty in Italy, it's very difficult to get a mortgage in Italy, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
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Amid worries about political uncertainty in Italy, it's very difficult to get a mortgage in Italy, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

"You should understand the frustration of the Italian people," Cramer said, adding that loans are not available in Italy for the average person. 

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