The government and the ruling Democratic Party of Korea (DPK) held a high-level policy coordination meeting Sunday to discuss housing policy and other issues affecting people's livelihoods. The meeting was held at the official residence of Prime Minister Han Seong-sook for the first time since last Monday's election of former Prime Minister Kim Min-seok as DPK leader. Kim addressed the controversy surrounding the government's push to increase housing supply in the greater Seoul area and the accompanying tax code revisions, saying more deliberation is needed regarding the proposal to effectively increase taxes on single-home owners who do not live in the property. Under the proposal, the government will lower their basic deduction for the comprehensive real estate holding tax from the current 1.2 billion won to 900 million won. "We need to broadly recognize the various inevitable reasons for not living in the property and remove blind spots," the DPK leader said. Presidential chief of staff Kang Hoon-sik stressed the importance of sending clear "signals," such as when, where and how many u