If 85% of the US population ended up using bicycles like some other nations, would people start defining status by the bike you rode like they do the vehicle you drive?

I know it is not a situation likely to happen, but if it did, would people seek to define their status or wealth by the bike they rode? Would the ultra-rich sport bikes like the Trek Madone 7— Diamond, Tiffany & Co. Silver Mounted Lady’s Bicycle, Litespeed Blade bike, etc. (all topping the scale at $30,000 and above), leaving the mere wealthy sluffing around on Gary Fisher, Sakai, Schwinn, Bianchi, Cannondale, Peugeot, etc., with the middle class and the working class trying to keep up sporting Mongoose, Specialized, Giant, etc., and the lower class people on Huffy, Magna, Next, and other big box store brands? Would people attempt to define ”how well I am doing financially” through the type and expense of their bicycles the way some do with their vehicle?