To me, this looks more like a dancer's pole than a bike rack, but regardless of the kind of rack this pole is supporting, it's an impressive hack. Bike storage is an issue for many people with small spaces. This sleek design allows you to stack two bikes on top of each other, taking up very little room.
This innovative solution is just another example of the tremendous flexibility of IKEA parts and products. Here's what you need to put the bike rack together:
IKEA hacker has all the assembly instructions
. The whole thing will cost about $40. Pick up these few things from IKEA, spend a bit of time assembling the rack and stop tripping over your bikes for good.