US real estate

$434K in LA would get you a small 2 bed 1 bath. If you want 3 bed 2 bath and/or a nicer area then you’ll be in the 550K-750K range easily.
The RE market is insane. We bought a house about 2 years ago and it already went up $150K, not counting improvements we have already made. Back then houses were getting multiple offers (10+) and a lot of them were being bought cash. Before we bought we kept seeing home prices rising every month because of all the quick flipping going on.