These "Micro-Compact Homes" were designed at the Technical University of Munich and the Tokyo Institute of Technoloogy, inspired by the highly designed compact spaces in first-class airplane cabins and Smart cars. They are lightweight, transportable, and cost a mere 50,000 Euros. They're going to be installed in a "village" on campus at the Technical University of Munich.
The tiny cube provides a double bed on an upper level and working table and dining space for four or five people on a lower level. The kitchen bar is accordingly arranged to serve these two levels. The entrance lobby has triple use and functions as a bathroom and drying space for clothing. Storage is provided off each of these four functioning spaces.
(via We Make Money Not Art)