"I think, especially when you're on TV, once you become associated with one genre or the other, it's near impossible to break into the other one, even if you have experience with both."

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Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general.

— Mark Zandi