This is a very good place to stay as it has lots of food, health potions and weapons/armor, be careful as it is a prime location for bandits. As the city is suspended in the air, falling down is almost a certain death and as the bridges connecting the houses are badly damaged it is a good idea to crouch all the time. When fighting players and zombie's it is extremely easy to lose your footing and fall. There is a graveyard on the floor of the cave which has several chests which spawn food and all around the graveyard there are lots of mushrooms.
A view of the hanging city from far away with a player under it.