This thread is a bit of a mess, but I'm going to throw my observations in here as well.
There is something decidedly unfriendly going on with rear wheel physics. But it's not just the in-game physics engine. I think if PD offered up more ways to customize the controller/wheel, a lot of these issues would be resolved. My biggest gripes is it seems the very top of the trigger movement is giving me 50% throttle, you have to be very slow on that first little bit of trigger pull or you'll be jumping on 75% throttle in a heartbeat, and that just feels bad to play. You are walking on eggshells with rwd cars just to not get snap oversteer and a huge chunk of that has to do with overly sensitive inputs. If we could blunt that in settings, it would be much better.
Second issue is ... well the ffb is crap on controller and not great on a wheel. Forza has had haptic trigger feedback for years and what we got with GT7 is awful in comparison. If the triggers just vibrated when you were nearing breaking grip, with both accelerating and braking, more control issues would be solved.
All that being said, something does stink with the in-game physics themselves. Taking a stock brz or really any low power car and having it snap oversteer at 30mph at 4000rpm on half throttle is just not intuitive or realistic. And unfortunately this clearly only affects rwd and to a lesser extent awd, take a FWD car and you can drive it like a pissed off teenager and it's fine. It will let you putdown full power, at the top of the Rev range and it will just pull you through a corner like that, no hint of power-understeer unless you encounter a bump/hill.
And I've talked about it when I first got the game, but I'm really getting convinced that it's something to do with weight transfer. It's as if the game never takes into account the weight moving rearward out of corners, the rear wheels should be loading up with more grip as you leave a corner and it just doesn't seem to happen in a natural way.
Combine that with the control issue and if you modify the suspension it gives you this ridiculous too low, too soft, with an overly stiff ratio spring ration in the rear, and that's what's causing a lot of these issues. It's a combination of all these odd little factors.