[tdeck]

I agree; I always thought of it as a kind of cursor / pointer symbol. I used to do high ASCII art (nothing to write home about) and became pretty familiar with CP437, so I was wracking my brain trying to figure out what the "little house" was going to be.

[ratmice]

I notice that cp437 has enspace, so I wonder if enspace combined with the "small house", is used to indicate the insertion point, or position between two characters when producing error messages.