Why not just split it 50/50?
Of course, the ideal solution would be to take Jerusalem away from both of them and make it an independent city-state, with equal visiting rights for Israelies and Palestinians, but that'll never happen.
BECAUSE PEOPLE ARE SO FUCKING STUPID ABOUT THEIR RELIGIONS.
Yes, I appreciate that it's not ALL about religion, but because of it (if I understand this correctly), both sides want Jerusalem and won't stop fighting and killing the other side until they get it.
The first rule of tautology club is the first rule of tautology club.