Savings? I'd love some. Where do you get them from?

Actually a few years ago the median savings were as little as £150, I do not think that it has increased that much in the intervening period. There are those with savings and they can have a substantial amount but the majority are living from paycheque to paycheque. Mortgages were ignored from the figures. Even so many people simply do not earn enough to provide for a pension as well as save, or in fact either. For most their home was their saving. Without that property bubble people would be very aware of how little the government policies actually benefited them.