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Upgrade: All the reasons San Francisco is the worst place in America to buy a home

Buying a home in the Bay Area is not for the faint of heart.

Just ask John Mullenholz, who recently bought a home in San Francisco with his wife, Lauren. Mullenholz — who, as the founder and CEO of cyber security firm Pikotime, is no stranger to big projects — calls the process “one of the biggest projects I’ve tackled in my life, bar none.”

“Not long after you arrive at an open house with dozens of couples walking around what might turn out to be our future home, your realtor convinces you that submitting a blind bid with zero contingencies at 20% above asking price is the only way to get this house,” he says.

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