No,I don't,but I do live in another high price area...suburban Boston.And around here there are many areas where it's hard to find a decent single family house for less that a million.But if you drive twenty minutes or so from some of these areas a decent single family can be had for less than half of that.
So perhaps if she had traveled 30 miles east of Santa Barbara (away from high priced ocean front towns)she could have paid 40% (or less) of her income for a decent apartment.
But not being familiar with that *particular* area I certainly could be wrong.
Peoples incomes did not rise anywhere close to that ratio.
I have friends in real estate there as well as family - it's pure insanity. The greed of the lenders and realtors in 'qualifying' people and in the crooked "pay only interest" loans, coupled with people being gullible and blind - has brought this about...inflating the prices of houses far beyond their worth - and making rents and homes all but impossible for many, many people = people who played by the rules but are getting squeezed in the middle - or on the bottom.