A home in Flint, Michigan, if for sale for just $188. The economy is so bad that even the city can't afford to buy it.

Flint use to be a town of about 196, 000 residents when the Detroit auto market was booming. The population has fallen to around 99, 000 these days and the median household income is just above $27, 000.

14, 000 workers were employed at factories which manufactured auto parts for General Motors Corp. That was thirty years ago. Today, not much remains of the once thriving city.

So, all that said, do you wanna buy a house for $188 in Flint, Michigan? It's a fixer-upper, to say the least.

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