Tuesday 23 August 2011

Soaring energy prices make Aberdeen's property market the strongest after London | Mail Online

Soaring energy prices make Aberdeen's property market the strongest after London | Mail Online

While the rest of the UK property market, including the mansion-packed Home Counties, wobbles, Aberdeen in Eastern Scotland is doing very nicely.

About 100,000 people are employed in the oil industry in the area, and - with the price of the black stuff continuing to rise - Aberdeenshire is rated as the 13th richest region of the European Union.

Granite Victorian houses in the vicinity frequently top £1million, and buyers surface from virtually every oil-rich corner of the world. The city even has an American school, similar to the one in Esher in Surrey, which serves the children of American bankers in the City.



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