Bay Area real estate has become so expensive that even engineers making six figures struggle to buy a home. Naturally, a cottage industry of startups has cropped up to offer solutions to the, er, cottage problem.
Driving the news: ZeroDown, the latest in this category, says it's helping its customers compete against even richer homebuyers. It makes an all-cash offer on their behalf and then allows them to build up a down payment for up to five years after that. Of course, the price of the home is steadily increasing the whole time.