WOODi by The New Clothesline Company is a handy ceiling-mounted rack that gives you an additional 22 linear feet to hang your laundry. The hanging rack is handmade from Blue Pine and Hemlock Fir wood, which makes it sturdy and extremely durable. One of the neat things about this laundry hanging rack is that it's installed from the ceiling, so that you can raise or lower it as needed with help from a pulley system. This means that once the laundry's all done, the rack can be pushed out of sight, which is a great space saver.
Rather than fussing with a folding rack, this is a clever design that could even work as a permanent fixture in a bedroom.