It's not a dumb thing, just lacking a piece of information. Oxford University, and Cambridge too, is not a campus university, it is spread out all over Oxford. When you're stood somewhere near the centre of town (and the centre of Oxford isn't really that big) - which is where most tourists ask the question - chances are if they look around 40% of the buildings will be part of the university, and another 40% will be buildings owned by the university, or by a college, and rented out for profit.
40% is a random figure and probably an exaggeration, but here's a map of the centre of Oxford (i.e. Oxford without suburbs) showing university buildings and colleges in red: http://www.planetware.com/i/map/ENG/oxford-map.jpg (note also how the majority of green spaces are owned by colleges for sport, as well)
Edit: looking closer at that map I see some missing buildings that should be on there, and at least a couple that are smaller than they should be. But I don't know the whole university well enough so maybe there are also some shown too big, or some that shouldn't be on there at all.
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It's not a dumb thing, just lacking a piece of information. Oxford University, and Cambridge too, is not a campus university, it is spread out all over Oxford. When you're stood somewhere near the centre of town (and the centre of Oxford isn't really that big) - which is where most tourists ask the question - chances are if they look around 40% of the buildings will be part of the university, and another 40% will be buildings owned by the university, or by a college, and rented out for profit.
40% is a random figure and probably an exaggeration, but here's a map of the centre of Oxford (i.e. Oxford without suburbs) showing university buildings and colleges in red: http://www.planetware.com/i/map/ENG/oxford-map.jpg (note also how the majority of green spaces are owned by colleges for sport, as well)
Edit: looking closer at that map I see some missing buildings that should be on there, and at least a couple that are smaller than they should be. But I don't know the whole university well enough so maybe there are also some shown too big, or some that shouldn't be on there at all.