After the war, there was a hiatus in Palestinian political activity. Khalidi attributes this to the traumatic events of 1947–49, which included the depopulation of over 400 towns and villages and the creation of hundreds of thousands of refugees. 418 villages had been razed, 46,367 buildings, 123 schools, 1,233 mosques, 8 churches and 68 holy shrines, many with a long history, destroyed by Israeli forces. In addition, Palestinians lost from 1.5 to 2 million acres of land, an estimated 150,000 urban and rural homes, and 23,000 commercial structures such as shops and offices. Recent estimates of the cost to Palestinians in property confiscations by Israel from 1948 onwards has concluded that Palestinians have suffered a net $300 billion loss in assets.