In addition, the Democratic Party is pushing for a plan to significantly ease the property ownership tax.
The Democratic Party Emergency Response Committee intensively discussed the issue of real estate tax reform at the National Assembly on the 18th.
At the event, which was held to broaden their understanding of policies and current affairs, it is reported that the participants reached a consensus on the need to alleviate the burden of the property tax, which is skyrocketing as housing prices continue to rise.
Like some states in the United States, there was also talk of a method of calculating the holding tax based on the acquisition price, which is the price when real estate is purchased.
At the meeting, it is reported that the need to ease the tax burden of single-family homeowners, the end-user, was discussed amid a sharp increase in the number of people who are eligible to pay the property tax.