Resource/commodity driven markets in the EU?

[ringledman]

Hi,

Does anyone know of an EU area/city that has or will see growth due to the resource boom that the world is currently undergoing?

One only has to look at Alberta in Canada or Perth in Oz to see the uplifting effect that resources and commodities can have on local house prices.

Is there anywhere within the EU that will or is seeing a similar effect?

The commodity boom has at least 5 years to play out and so resource driven economies have plenty of time to see further property price increases.

I guess the EU is pretty poor when it comes to availability of resources and is heavily dependent upon others to supply our needs.

Perhaps Silesia is one such area???

http://en.wikipedia.org/wiki/Silesia

Any others?

 

[hythorn]

house prices in Silesia are on the up still

the Ukraine has a hell of a coal field too

here is a real wild card, try Krosno centre of the Polish oil industry

 

[Ancutza]

Agricultural land prices are rising quickly in Romania as farmers seek to put more land into production to take advantage of rising commodity prices. Grain is at a record level this year of in-and-around the 250 Euro/tonne bracket.