Legendary street baller, who earned his name in Rucker Park, NYC. He got his nickname from an announcer at Rucker after he started skipping while dribbling the ball during a game. This explains the first part of his name. The second part most likely roots in the announcers creativity with inspiration from the traditional American folk song "Skip To My Lou".
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 $2million.