When you are made to look like a complete fool by someone of superiorintelligence simply through the use of their words, most of which you don't understand.
I can't believe how that nerd just Housed you! Do you even know what a troglodyte is?
An action that results when someone is beyond getting owned. Most commonly occurs in online games and real-life in sports. Only surpassed by "Trailer-Parked".
In Halo 3:
"Housed!" - Eli
"It's not my fault the score is 20-1!" - Mike
IRL:
*insert sport here you scored point in, eventually resulting in a shutout or near shutout*
"Housed!"
Getting Housed is when you go to the hospital during a bad trip and they kick your door down and take all your shit
"I just got housed by Merrifield Crisis Center who ransacked my shit and stole $100,000 worth of consumants that were supposed to last me until I was 50."