Cuz it's the former and not the latter, some Zillow searching has revealed to me that any leftist with a decent inheritance from their dead Meemaw could way more decadently than fucking Hasan in LA.
Seriously I could own a fucking massive multi-building compound with a pool and tennis court in West Virginia for 1/5 of what Hasan is paying in fucking shitty ass LA.
Bought yes, renovate... ehhhh. Thing is Baltimore has townhouses for cheap as shit but it should be noted, they're in horrible states of disrepair, we're talking like no single inch of copper pipe left in them. Yeah you can buy a brick row home in Baltimore for 35k, expect to spend a lot getting the place livable though. I know because I worked in home improvement in the city for 2 years.
2.5mil would maybe be BARELY enough for an entire block. Really I think you'd need double that if you want to make the whole block actual quality housing.
you're right, I have unrealistic and outdated ideas on this