<Anchor> For the

current government, the 22nd real estate measure is announced today (10th) in the morning. It seems to include a way to raise the overall real estate tax of multi-homed residents significantly.

This is Yun Nara.

<Reporter> The

Democratic Party and the government canceled a high-level party conference on real estate measures that was scheduled to be held at 7:30 this morning.

An official from the Democratic Party said yesterday that a consensus was reached between the parties and that the plan is to announce real estate measures at 11 am today.

An official from the Democratic Party said the negotiations between the political parties were completed and the agreement was only canceled.

The core of the additional real estate measures to be announced today will not change the current standard for final taxation, but it is promising that the multi-homeowner's comprehensive real estate tax will be significantly increased.

At a high-level party meeting yesterday, the Democratic Party was reportedly asking the government to raise the final tax rate to 6%.

According to the current subdivision tax law, tax rates ranging from a minimum of 0.6% to a maximum of 3.2% are applied to holders of more than 3 houses or 2 houses in the area to be adjusted depending on the vote.

Initially, the government's proposal was to raise the maximum tax rate to 4%, but if the Democratic Party's proposal to increase it was adopted, the maximum tax rate would almost double.

However, the Democratic Party is known to maintain the current closing tax rate for 1 household and 1 homeowner.