Worth $5,000 Paper House, is a new invention to perfect solution for third-world shanty towns across the globe called Universal World House.

The Universal World House has 390-square-foot modular home, outfitted with plumbing and boarding facilities to support up to eight residents each.

The secret of its construction is made up of paper shell; the resin-soaked cellulose, made from recycled paper, is shaped into honeycomb walls, which provide structural integrity and insulation to the houses.

From the very beginning, our goal was to create practical, environmentally sustainable, and, most importantly, cheap living quarters for the slums of the Earth, Gerd Niemöller, co-founder of the Swiss company The Wall AG, who developed the cellulose material the houses are made of said on a statement.

He said, he envisions a house called the Universal World House is ultimately being produced in the countries where they are needed.