I agree that understeer is bad in terms of maximum performance and speed around a racetrack. But it takes a much more skilled driver to drive a loose car at the limit than it does to drive a tight car at the limit.
This is why pretty much every single road car sold today with the exception of some sports cars and exotics has a tendency to understeer. Sure there are ways to induce oversteer but the engineers design the handling characteristics so that the majority of drivers will only experience understeer. When a driver experiences understeer their natural reaction is to lift or start braking- most of the time the driver then regains control and is safely on their way. When an average/untrained driver is surprised to find their car exhibiting oversteer it is much less likely they will regain control.
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