Any situation where the program depends on the expression producing a new string each time it is evaluated, rather than returning the same string. The program may be modifying the string, on the assumption that nothing else has access to it, since it is brand new. The program could also be relying on the string having a unique identity, not comparing equal to any previously seen object. (E.g. assuming that each time the expression is evaluated, it produces an object that can serve as a unique key in an EQ hash table).

Any situation in which these behaviors cannot be ruled out (because the object escapes beyond the scope of analysis), the optimization cannot be applied.