Why property is important

Imagine you have just purchased a two-bedroom condo in New York City. You saved for 10 years to buy it. It is conveniently located, has a beautiful view and you plan to turn one of the bedrooms into a home office for your consulting business. You paid $300,000 for the condo, but you are thrilled to have it.
After signing the check for the down payment, you are all set to move in your furniture, computer and personal effects. You hear a knock at the door.
Two armed agents from the U.S. Fish and Wildlife Service want to talk to you about your condo and your plans to run a consulting business from that second bedroom. You see, your condo has been designated as critical habitat for the endangered Manhattan cockroach...