An imaginary place you tell someone to to go to so they can get out of your face, or to tell them to go sit down and think really hard.
Sorta like saying "go to hell!" or "leave me alone" in a more calm but sarcastic and random way.
Son: "Eh, yeah....tell her i said go to boogerloo village."
Dad: "Excuse me"
Son: "Its a very nice place, dad."
**lol, adults always think that its just a new tend these kids are using**