used in reference to identify a conglomerate of people who are extremely wack for an assortment of reasons. rankings can be assigned to each person to categorize the level of wackness they possess.
R: Damn, I heard homie told this girl he liked her on myspace
J: The fuck? That's some different shit
R: Yeah, that nigga is the captain of team hella weak
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.