Check out the furniture in this article. Those skinny-legged, low-backed chairs are so retro! The concept of hanging furniture on the wall so that it can be moved up out of the way is a bit strange, but practical. I have to admit, I've never seen it done. The only drawback I can see is the inability to rearrange the furniture once it's installed.
The retro colors in the drawings are nice and make me think of the colors my grandma used in her house. Remember avocado green? Mustard yellow? Aqua blue? Yeah, I knew you would.