Is it so terrible to find, vet, and rent a normal apartment, do your own chores, and eat "regular" food (non-organic, probably GMO, the horrors!) from the normal grocery store or the nondescript diner/sandwich shop? And just act like a normal person and not carouse like an idiot having brunch exclusively with your well-heeled friends? I guess it's human nature and has more to do with money than anything else, but so much for software engineer exceptionalism.
When they move to the city, they don't really want to live in the city. They want McMansion suburbanized city with a bar scene...
Local businesses can't help but cater to economic incentives. If most of the dollars coming in want luxury apartments, $10 cocktails, tapas bars, on-demand laundry, etc, that's what they'll get.
New luxury complexes have straightforward availability and rent first-come-first-served. The leasing office will make an appointment with you pretty much whenever, and if you apply, you get the unit. They're known quantities with Yelp reviews and everything.
If you're a newcomer with not much time and not much price sensitivity, which are you going to end up with?
FWIW, Victorians in good shape rent for more than luxury skyscrapers. Rich people do prefer them and they are, in fact, more luxurious. But buildings that throw around the word "luxury" are the path of least resistance.
You'd be hard pressed to find any luxury apartment as luxurious as an average 100-year-old single family home, yet for some reason only the former is an obnoxious wealth symbol.