Pamela Anderson is down on her luck

Those infamous boobs are not all that’s gone down in Pam Anderson’s life recently; Since her breakup with Rick Salomon in 2008, her home-life’s become rather less buoyant as well. The scribes at Page Six were hanging with Courtney Love recently, who spilled a few secrets on Pam’s new position, “Pam doesn’t even have a credit card, and she now lives in Malibu’s ‘Paradise Cove.’” said the singer.

We all know Malibu’s a great place to live, but Paradise Cove is not as upscale it sounds. As a matter of fact, it’s a trailer park. A brief search online produces the news that double-wides in the Cove are on sale for $325k. Homes in the same part of the county start at $1.2-million and go up. Way up!

Pam’s people were contacted to get Courtney’s sad news confirmed, but so far no reply is forthcoming. If we hear any more, we’ll make sure you know.