LONGTOM AND THE CASE FOR THE WSL’S BILLION-DOLLAR WAVEPOOL DEVELOPMENT PART III: “WHAT CAN’T BE DENIED ARE THE JOBS AND GROWTH!” - 8th December 2019

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By Longtom

We are too deep down the rabbit hole now, it's simply too late to stop. The people need somewhere to live, something to do for work and somewhere to shred. It really is that simple.

My head is full of nonsense, so I’m grateful to the greater wisdom of the crowd here.

I think Chas got that very much right in his latest vid – surfers can solve world historical problems. Vis-à-vis wavepools, we’ve now collectively come to the conclusion that the Kelly Slater Wave Company, with its “wave system” as Dear Sophie calls it, is a tougher nut to crack, at least as far as the dollars and cents go, than we all thought during those heady days of Xmas 2015.

The big-buck corpo model works, but only in shitsville where land and water is cheap.

In Australia, still the surfing centre of the world, wavepools only work near people and people live in cities.

Coastal land is expensive, unless it goes ten foot under water when it rains and you are pairing it with massive urban development and, well, here we are.

It would be remiss of us though, in this new post-sport phase of the WSL, if we didn’t at least take the corpo spin at face value and take a look at the case for.

Me and Starky will go man-on-man about this when the dust settles. No soft shoe shuffle. His interests are advancing the real estate concerns of American billionaires and Australian property moguls and mine are, not.

I’m sure we will get on fine. Couple of UQ boardriders good ole boys.

In the interim, we can walk a mile in his shoes. You put the x’s and o’s into the equation and you get a fuck-ton of money going into a piece of land that made pennies to the dollar growing cane.

Huge money. Fifteen hundred houses is huge.

I went down to the local monstrosity, what was once a serene sward of green where cows grazed and a reservoir of cool morning air fanned a mile of occasionally epic beachbreaks is now an angry red mess of machines and dirt.

Two hundred houses. Tiny by comparison.

*click here for full article and multimedia

(BeachGrit)

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Greg Tingle

Could a parallel be drawn to a dry cleaning business, where the moolah can be cleaned and stacked? Or, is that idea just in the wash. The readership has heard of McDonald's Real Estate (built on hamburgers and staff sweat)? How about Enron: The Smartest Guys In The Room? Hey, maybe a real doco could be done on the real business of pro surfing in John Pilger 'Utopia' style with the warts and all. Or, maybe a follow up to David G's doco? All takes moolah and investors, and I'm in that club too. Our Media For Good lead project is gathering steam, and we're covering the business of surfing, so keep us in the loop. Long live gonzo journalism. Cheers from the Maroubra Beach, Bondi Beach and Newport Beach connection.

Media Man

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