SBS News

"Mobilizing All Means to Expand Supply"... Yongsan Park Discussed, But Details Reserved The Democratic Party and the government have also agreed on the swift expansion of housing supply centered on the greater Seoul area. SBS Aug 23, 2026 10:50 PM

Ruling Party and Government Lean Toward Easing Restrictions for Non-Resident Single-Home Owners The Democratic Party and the government held a high-level consultation meeting today to coordinate real estate policies. SBS Aug 23, 2026 10:45 PM

Ruling Bloc and Government Agree on Broadening Actual Residence Recognition for Single-Home Non-Residents with Unavoidable Reasons During a briefing on the results of the high-level party-government consultative meeting held at the National Assembly, Democratic Party Senior Spokesperson Park Sung-joon stated, "A consensus has been formed between the party and the government on various opinions raised, including expanding the recognition of residence for those who are non-resident due to unavoidable circumstances." Regarding the reform of the Comprehensive Real Estate Holding Tax, he conveyed, "The Democratic Party strongly requested that no distinction be made between residents and non-residents for single-home owners." In addition, to facilitate prompt housing supply, the party and the government decided to push for transferring the approval and licensing authority for redevelopment and reconstruction projects of housing complexes with 500 units or fewer to local district heads. SBS Aug 23, 2026 3:40 PM

PPP Criticizes Government's Security Policy, Calling It Alliance Passing and North Korean Mockery joint military exercise, Ulchi Freedom Shield , was effectively halved by the unilateral directive of U.S. SBS Aug 23, 2026 2:23 PM

Kim Min-seok: "Exceptions for Non-Resident Single-Home Owners Should Be Broadly Recognized" The Democratic Party and the government held a high-level consultative meeting today , the first of its kind since party leader Kim Min-seok took office. SBS Aug 23, 2026 2:15 PM

Cheong Wa Dae: "Will Actively Review Housing Site Proposals from Ruling Party" ▲ Cheong Wa Dae Cheong Wa Dae stated that it will actively review housing site a… SBS Aug 23, 2026 12:01 PM

Kim Min-seok: "Must Broadly Recognize Inevitable Non-Residence Reasons for Single-Home Owners and Eliminate Blind Spots" ▲ Prime Minister Han Sung-sook , Democratic Party leader Kim Min-seok, and Chief… SBS Aug 23, 2026 11:45 AM

President Lee to Invite New Leadership on 25th, All Lawmakers to Cheong Wa Dae on 28th On the 25th, President Lee will invite the newly formed leadership of the Democratic Party to Cheong Wa Dae for a dinner meeting. SBS Aug 23, 2026 11:19 AM

People Power Party Leader Jang Dong-hyeok Claims Judiciary Is Being 'Trampled Under Dictator's Feet' Over Supreme Court Justice Recommendation Controversy ▲ People Power Party Leader Jang Dong-hyeok People Power Party Leader Jang Dong-… SBS Aug 23, 2026 10:48 AM

President Lee Says, 'How Devastated He Must Have Been by Political Prosecutors' Indictment' Following the acquittal of former Democratic Party lawmaker Roh Woong-rae, who was put on trial on charges of receiving illegal political funds, in both the first and second trials, President Lee Jae-myung stated, "How devastating it must have been to face indictment by political prosecutors and the stripping of your political life," adding that he will ensure innocent citizens are no longer victimized by the abuse of state power. SBS Aug 23, 2026 7:10 AM