jQuery IE10 textarea placeholder bug

In IE10, when creating a textarea with a placeholder attribute, the resulting element has it's value set to the placeholder text.

by Douglas_Meyer

HTML

<script src="//ajax.googleapis.com/ajax/libs/jquery/1.10.2/jquery.min.js"></script>
<p></p>

CSS

p {
    background: lightGray;
    padding: 1em;
    border: 1px solid gray;
    border-radius: 5px;
}

JavaScript

var parsedResponse = $('<div> Parse This HTML <textarea placeholder="placeholder text"></textarea></div>');
//At this point `parsedResponse` says that the <textarea> element has "placeholder text" as it's html content (for IE10).
$('p').text(parsedResponse.html());