Eyes are on whether the ruling Democratic Party of Korea (DPK), under new leader Kim Min-seok, will seek changes to the government’s real estate tax overhaul plan announced early this month, amid growing concerns over higher tax burdens and housing insecurity, according to political observers, Wednesday. Kim, the former prime minister, has already voiced opposition to a proposed tax increase for single-home owners who do not live in their properties, a measure that has drawn considerable public backlash. The new party leadership is expected to begin discussions with the government on possible revisions soon. “The first high-level meeting between the ruling party and the government under the new leadership will be held at 11 a.m. on Aug. 23, with major policy issues expected to be discussed,” senior party spokesperson Rep. Park Sung-joon told reporters. The government’s proposals would raise the tax burden on owners of expensive homes who do not reside in them, as well as on people who own multiple properties. In particular, the plan would lower the basic deduction for nonresident