The equivalent of being Jack Johnsoned or munsoned. Being fooled into a situation you can't escape. Especially true in traveling jobs when you are duped into an extended stay in a sub-par suburban town selling a ridiculous product, like posters to college kids.
1: "Dude, I think we're Fairfaxed. Two whole weeks in Little Rapids and my source is M.I.A."
2: "We have 7 more days here? Holy shit we are Fairfaxed"