A poorly-designed, multi-gabled oversized house featuring shoddy construction with toxic Chinese-manufactured drywall; sometimes called a McMansion.
Dick: "What's that awful smell?"
Jane: "It's the off-gassing from the neighbor's new drywall palace. The suburb's are going to hell; let's move back into town."
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A large home built with low quality builder grade fixtures and finishes, with architectural features crafted out of drywall instead of higher quality, more expensive materials. See also: McMansion
Brittany just uploaded a tour of her drywall palace on YouTube. Make sure to give her a like.