In contrast, in the ~10 years I spent working in Java, I frequently ran into problems with programs which needed an excessive amount of memory to run. I spent countless frustrating hours debugging and "tuning" the JVM to try to reduce the excessive memory footprint (never entirely successfully). And of course, as soon as your JVM needed to interact with native code (e.g. a quant library written in C++), you were even worse off, because there was no language support whatsoever for ensuring when, or even if, some native memory would be freed. It made it even harder to debug these leaks - because the "leak" was always very complicated to reproduce.
Garbage collection is an oversold hack - I concede there are probably some situations where it is useful - but it has never lived up to the claims people made about it, especially with respect to it supposedly increasing developer productivity.