I always ask then, what are you replacing elves with?
My biggest pet peeve is when a DM takes away an option but doesn't replace it with anything. You want to make elves mysterious and unheard of? Fine. What race are you adding to make up for the loss of an iconic race? Maybe someone who wants to be an ethereal magical being could select aasimar, or someone wanting to be a nature guardian can take firbolg. If you're not allowing drow, maybe another "dark" race can fill that role like tiefling, shadar-kai (human variant) or such. No orcs? How about goliath as the bruiser race?
Unfortunately, time and again in this thread, the alternative to the removed race is nothing. There are no fey races. There are no PC monstrous races. There are no planar races. There are no animal races. There are no aquatic races.
That's what I think is my issue. When whole categories of races are cut off and that limits your types of options. It's less about a specific race, and often more about the archetype being removed that bothers me.