After the creation of Israel , the exodus of 1948 , and more so after the exodus of 1967 , the term came to signify not only a place of origin , but the sense of a shared past and future in the form of a Palestinian nation-state . After the creation of the State of Israel , the exodus of 1948 , and more so after the exodus of 1967 , the term came to signify not only a place of origin , but the sense of a shared past and future in the form of a Palestinian state .