True, but also the consequences of living homeless in New England would force you to either come up with some kind of way to afford shelter or move south. Whereas more homeless people die on the streets in California than you might expect, but the perception is that you can live outdoors safely all year. So there’s less incentive to scrape together enough money for a home.
Add to that, very few people move to New England with a crazy idealistic view of their opportunities to make it big. If they move there at all, it’s because they have a job lined up. Dreamers crash and burn in California every day.