This article aims to study the decision-making regarding homestead transference from the point view of public decision choice theory and try to build the homestead transference Social Choice Theory index system from the perspectives of economy, society and ecology etc. and on the basis of the practical data collected from two provinces and three cities of China. And then according to the research on homestead transference in Shanghai Fengxian district, analyze and evaluate the homestead transference decision-making by means of the Social Choice Index System proposed in this article, so to bring forward the related policy suggestions.