In talks with Mitchell, Abbas agreed to a 4% land swap with Israel. About 7% is needed to preserve the settlement blocs.
The Arabs insist on a 1:1 swap of equally valuable land. The funny thing is that the land Israel took for the settlements was empty, arid, and worthless. It was only through Jewish work that the land on which the settlements were built became pricey. Now the Arabs want equally good land in exchange. That is like a landlord increasing the rent because a long-term tenant renovated his apartment, making it more valuable.
The difference between the Israeli and Palestinian positions on land swap runs from 0.4% to 3%, according to various estimates. After holding on to Judea and Samaria for 43 years, Jews are left without significant gains.