Post-pandemic consumption: portal to a new world?

Abstract

Expert forecasts by consumer researchers and epidemiologists, consumer forecasts, and evidence from China are used to assess how consumer behavior will change after the pandemic subsides. Then hopes for bigger ideas are assessed including really addressing climate change, moving away from fossil fuels, addressing income inequality with a guaranteed income, and decoupling the economy from growth.

Sustainable Construction Investment, Real Estate Development, and COVID-19: A Review of Literature in the Field

“…A study performed by the national association of real estate agents Realtor concludes that residents preferred real estate with a private yard when purchasing residential housing [90]. Billio and Varotto [86] maintain that families having children will mainly look for independent real estate units such as detached and semi-detached houses with gardens and terraces, and households hoping to work from home may be encouraged to buy real estate outside the urban center where prices per square meter are usually lower, because, as stated by Belk [95], the need to live close to the urban center is reduced. Hence, the perception of the importance of free movement forms a priority for the acquisition of real estate in the suburbs near the biggest cities.…”

“…Fernandes [97] maintains that the pandemic has hit the hotel sector first. Short-term lease online platforms such as Airbnb will hardly reach pre-COVID-19 levels anytime soon [95,98]. The hotel sector has been adversely affected by cancellations, traveler distrust of security, and the introduction of social exclusion rules.…”

Impacts of Covid‐19 pandemic on consumer behavior in Turkey: A qualitative study

“…Using the qualitative research method, a semi‐structured guide benefited from the studies of Sheth (2020), Kirk and Rifkin (2020), and Belk (2020). Prior research shows that there are substantial differences in consumer behavior compared to pre‐pandemic era (see Section 2 and Table 1).…”

“…While prior research regarding the relationship between the pandemic and consumer behavior is mostly quantitative (Ahmed et al, 2020; Baker et al, 2020; Deng et al, 2020; Güney & Sangün, 2021; Hall et al, 2020; Islam et al, 2021; Kemp et al, 2021; Kim, 2020; Laato et al, 2020; Li et al, 2020; Milaković, 2021; Prentice et al, 2020; Szymkowiak et al, 2021), few of them are qualitative (Belk, 2020; Naeem, 2020; Naeem & Ozuem, 2021). Impacts of COVID‐19 on unusual purchases (Laato et al, 2020), overall consumption (Baker et al, 2020; Belk, 2020; Kim, 2020; Kirk & Rifkin, 2020; Sheth, 2020), food consumption (Güney & Sangün, 2021), prosumption (Lang et al, 2020), stockpiling (Hall et al, 2020), panic buying (Ahmed et al, 2020; Hall et al, 2020; Islam et al, 2021; Naeem & Ozuem, 2021), impulse buying (Ahmed et al, 2020; Deng et al, 2020; Islam et al, 2021; Li et al, 2020; Naeem, 2020), online shopping (Belk, 2020; Hall et al, 2020), and retailing (Grashuis et al, 2020) are examined in the literature. Most of the studies focused on the effects of psychological factors such as fear (Ahmed et al, 2020; Grashuis et al, 2020; Islam et al, 2021; Kemp et al, 2021; Naeem & Ozuem, 2021), perceived risk (Szymkowiak et al, 2021), perceived severity of the pandemic (Deng et al, 2020; Kim, 2020; Laato et al, 2020; Li et al, 2020) on consumer behavior.…”

“…Consumers in Qatar began to healthier diets, increased their consumption of local products, online shopping, home‐cooking, and did not stockpile food (Hassen et al, 2020). Impulse buying, online buying, grocery spending, and prosumption also increased throughout the world (Belk, 2020; Deng et al, 2020; Hall et al, 2020; Lang et al, 2020; Li et al, 2020; Sheth, 2020). The increase in online shopping forced older consumers to adopt e‐commerce (NPD, 2021).…”