#### Bug, feature request, or proposal: bug #### What is the expected behavior? Placeholder should hide if input value is not empty #### What is the current behavior? Placeholder overlaps the content of input  #### What are the steps to reproduce? 1. MatFormField: `floatPlaceholder="never"` or `floatLabel="never"` (as floatPlaceholder is deprecated) 2. Patch value of formControl with `{emitEvent: false}` https://stackblitz.com/edit/angular-material2-issue-gvg3yu #### Which versions of Angular, Material, OS, TypeScript, browsers are affected? Angular: 5.0 Material: 5.0 Ubuntu 16.04 Chrome Version 61.0.3163.100 Firefox Quantum Version 57 #### Is there anything else we should know? It can be related to this issue: https://github.com/angular/material2/issues/7066