President Lee Jae-myung stated on September 2, 2026, that changing a policy stance is not unjust and maintaining it is not necessarily right, framing the debate as a choice rather than a consistency issue. ^[1] President Lee Lee Jae-myung criticized the narrative that the government's real estate policies, including the Comprehensive Land and House Tax, were retreating. ^[2] The government decided to keep the annual tax increase limit for property taxes at 150% of the previous year, reversing a plan to raise it to 200%. ^[3] The South Korean government announced a revised tax plan on September 2, 2026, that maintained the basic deduction for non-resident single-family homes at 1.2 billion won instead of the proposed 900 million won. ^[4] President Lee Lee Jae-myung stated that the policy adjustments were necessary compromises reflecting public opinion rather than a lack of consistency. ^[5] The government decided to maintain the annual Comprehensive Land and House Tax increase limit at 150% instead of the proposed 200%. ^[6] The government initially proposed lowering the tax exemption cap for non-resident single-family homes to 900 million won, but adjusted it to 1.2 billion won after considering political and public feedback. ^[7] President Lee Jae-myung argued that critics were ignoring the reduction of tax exemptions for high-value non-resident homes, multiple home owners, and high-value homes. ^[8]