"Now,they don`t want to give it up,either the land or the Arab property taken over after the 1948 war." The 1947 lines are not valid anymore. Arabs started a genocidal war and lost. End of story. 1949 Israel became the reality. The tried again to kill it through many wars and the land grew. Arabs will not be allowed to return to a situation prior to their mistakes. The world does not work that way. It would be nice if the Arabs acknowledged Jewish land rights, both purchased and owned, prior to their bloody massacres in the 1920's. To date, Gush Katif - Jewish land is still not in Jewish hands. "the industrial infrastructure that was destroyed" There was none, idiot. Most infrastructure was rudimentary and British built. Even the electricity in Israel got their by Jews years earlier. Just like Israel's high-tech industry. It didn't just pop out of the ground like a flower...ergo, Pali rule wouldn't guarantee such an industry. They don't even do well with greenhouses.
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Gaza education ministry shuts 2 Shejaiyeh schools citing fear of Israeli artillery fire (Haaretz)
from the article: Hamas renews call for cease-fire with Israel