“It seems that there is general agreement on the need to strengthen the tax system for ultra-expensive homes, even if they are actual residences.” President Lee Jae-myung said this about the direction of strengthening the tax system for ultra-expensive homes at the 30th Cabinet meeting held on the 14th. President Lee said, “The so-called smart house is a problem in our society that has been accumulated for a long time. I don’t know if it is an ordinary house, but (for example) there is a controversy as to whether it is right to give a (tax) reduction almost the same as (for other houses) for a house worth 10 billion won, just because it is a house for actual residence.” At the cabinet meeting on this day, President Lee discussed with cabinet members various issues related to the real estate debate that he will preside over on the 23rd of this month. We heard and exchanged opinions on various issues regarding the three key factors of real estate, including supply, finance, and taxation. President Lee emphasized that the real estate tax policy is not aimed at stabilizing housing prices. President Lee said, "The talk about the real estate tax system is not intended to control housing prices. It can be said to be a side effect, but the real estate tax system in Korea is