Kim Du-kwan, "Tax Benefits for Housing Rental Business Operators Should Be Abolished"

[Asia Economy Reporter Oh Ju-yeon] Kim Du-kwan, a presidential candidate from the Democratic Party of Korea, argued on the 27th that tax benefits for housing rental business operators should be abolished to normalize housing prices.

On the same day, Kim held a press conference at the National Assembly urging the abolition of tax benefits for housing rental business operators and the strengthening of property taxes. Kim stated, "The abolition of preferential treatment for rental business operators, which poses serious problems not only in terms of the impact on the real estate market but also from the perspective of institutional fair taxation, is the first step toward normalizing real estate," emphasizing the normalization of housing prices.

Photo by Kim Du-gwan, Member of the National Assembly, Facebook

Expanding his activities as a presidential candidate, Kim will start his tour in Ulsan on the 28th and visit the Gyeongnam region to win public support. He plans to meet with Democratic Party figures and party members to encourage their efforts and discuss strategies for next year's presidential and local elections.

On the 29th, he will hold meetings with the Jin-gu Eul district committee of Busan Metropolitan City and basic councilors of Saha-gu, and on the following day, the 30th, he will meet with councilors of Haeundae-gu.

At this event, Kim is expected to emphasize that "Democratic Party politicians in the Busan-Ulsan-Gyeongnam (Bu-Ul-Gyeong) region are a community of fate and must move as one team in the presidential and local elections for everyone's breakthrough."

This content was produced with the assistance of AI translation services.