A spokesman for South Korea's presidential office revealed on Wednesday that President Lee Jae-myung will host a closed-door meeting this week to review policies related to the real estate market. The government aims to increase housing supply. The closed-door meeting is scheduled to take place on Friday. Earlier, Lee Jae-myung had already given instructions on Monday to increase the scale of housing supply and curb the rapid rise in housing prices. It is expected that participating officials will focus on housing supply-related plans. According to some sources, the South Korean government plans to officially launch housing supply support measures later this week.

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