What will happen to palestinians when Palestine is established?

This is one of the main issues in the Israeli Palestinian peace negotiations, and I believe will prove to be the most difficult one, even though the other issues are pretty difficult ones too. The Palestinian position is that those refugees should have the right to return to their hometowns and villages in their country, which in this case is Israel. This position is supported by international law and UN resolutions. They would also be entitled to compensation for their losses. Israel on the other hand not only is not allowing them to return, but they do not allow them to enter the West Bank and Gaza for even just visiting. My family come from a village near Yafa, and I would not be satisfied if I am not given the right to return to that village. It should be up to me whether I exercise that right or not.