If ground is declared after the inductor, that's fine. This likely precludes sync rect and common-ground (non-isolated buck/boost) applications. But other than that, the loop doesn't know anything different.
I suppose I can assume isolated, since you mention Y cap. Notice there is a common mode path through the series capacitors, so the Y cap can still be placed at the output ground side without much difference.
Back in the day, ground-side chokes were a common trick to alleviate isolation ratings in transmitters -- otherwise it would have to stand off the full, whatever, 3000V the transmitter is powered by -- way back in the tube amplifier days that is, where a 5kW transmitter might use 3kV 2A or so, into a forced-air or even water-cooled ceramic triode or tetrode.
Tim