Abstract: A shanty and a system and method for assembling the same are provided. The shanty may be assembled, disassembled and re-assembled using the same components of the shanty. The shanty may have panels which may be removably fastened to each other to assemble the shanty. A first type of panel may be a wall panel. A second type of panel, namely, a roof panel, may be attached to the wall panel to provide a ceiling for the shanty. The panels may be substantially planar in shape. Moreover, the panels may have a length defined between a first end and a second end wherein a section of each of the panels at the first end extends toward the second end. To assemble the shanty, the section of a first panel which extends toward the second end may be fastened to the section of a second panel which extends toward the second end.