safe.directory warnings for root-owned repositories

If I create a new repository as root,

  $ sudo git init
  Initialized empty Git repository in /home/mjo/tmp/.git/

  $ ls -alh
  total 12K
  drwxr-xr-x  3 mjo  mjo  4.0K 2024-10-31 00:09 .
  drwxr-x--- 17 mjo  mjo  4.0K 2024-10-31 00:07 ..
  drwxr-xr-x  6 root root 4.0K 2024-10-31 00:09 .git

and attempt to do anything in it, I get a safe.directory warning:

  $ git status
  fatal: detected dubious ownership in repository at '/home/mjo/tmp'
  ...

Does that make sense? In terms of ownership, root:root is as safe as it gets.

I'm aware that safe.directory is only scratching the surface of these "doing things in a directory that someone else can write to" exploits, but within the limited scope of this one feature, root ownership does not strike me as particularly dubious.