As somebody that's now literally a middle aged man in lyrca sometimes - I find the whole phenomenon really amusing, but then again, I've also been riding since I was a lot younger, and poorer, and the best I could afford was an all-aluminum specialized allez with 9-speed 105 stuff on it.
Back in the day, I probably rode 4-5x more cumulative km per year than I do now. And at that time, I found middle aged men in lyrca with more money than common sense to be equally funny.