There have always been risks associated with buying into DVC; however, for years, the basics remained the same and Disney did little fiddling with the system. You were an owner, period, be it via resale or direct (we've done both). And there have always been many voices telling people to understand that, in the end, all you are truly guaranteed is a place to call home that gets you a minimum of an advanced 30 day window to book. When new resorts were built, they tended to fit an actual theme and their ambiance reflected such. A few years ago, Disney decided to start rearranging the system to better fit their profit profile, all within legal guidelines it would appear. However, the ill will some of those changes caused has, in turn, made potential buyers and long-time owners feel as if the whole DVC thing is riskier than before. Part of that feeling is due to actual change; part of it is due to the speed with which so many new ideas, restrictions, and builds have happened. With the increasingly diverse new resorts, the overall thematic resonance for which Disney was well known has been watered down--there's a certain symmetry and generic tone anymore. The new builds have also, at least indirectly, led to skyrocketing prices per point which inherently makes DVC more of a risk. Finally, the restrictions on resale buyers has ramped up the past few years with the latest crowning touch being the new rules at Riviera announced a couple of weeks ago. So, yes, we knew the risks buying 15 years ago, but the purchase does seem even riskier now. It's not that Disney has operated outside of laws and regulations so much as they have forged ahead like a bull figuring people will still fall all over themselves to buy in. They may be correct, but I certainly wouldn't buy given the current state of DVC and how it looks it might be going forward.