Hi Bryant,
Probably, the hyperbole comes from you taking one EA saying SOME properties are down by 30% and then saying you can walk into any EA and demand 30% off resale properties. It's just not happening.
I wish it was and think the market here will fall big style, but with borrowing costing effectively nothing (inflation cancelled out interest) it won't affect the entire Spanish market as badly as the expat costas market. That said there are still cranes everywhere and brits arriving daily!
Thank you
Cameron