That exists; it's called garbage collection.
If you don't want the performance characteristics of garbage collection, something has to give. Either you sacrifice memory safety or you accept a more restrictive paradigm than GC'd languages give you. For some reason, programming language enthusiasts think that if you think really hard, every issue has some solution out there without any drawbacks at all just waiting to be found. But in fact, creating a system that has zero runtime overhead and unlimited aliasing with a mutable heap is as impossible as finding two even numbers whose sum is odd.