I first moved to CA in '73, but was all over the west and world as a field service engineer. Came back here to settle in summer '78 and stayed at the Oakwood Garden Apartments on Moffet Blvd at Middlefield. Fortunately, the company that hired me paid for my relocation and for the apartment for a few months until I could find permanent housing. You are absolutely right! It was horrendously expensive back then, too. That same year, I bought my first house, 900 sq ft (including garage!) for 2.5X more than my Dad had ever paid and I got 1/4 of the house he got and 1/6 of the lot size. He said "Son, that's the stupidest thing you've ever done!"
Remember the "St. James Infirmary"?