Earlier quoted context omitted.
Yes. Emerging best practices seems to be to use Vagrant to create a great development environment, then use docker containers inside that for isolation. The two work together quite well. There's a comment from the Vagrant creator here about that: https://news.ycombinator.com/item?id=6291549 In short, yes, just run a VM.
I don't get the need for Vagrant? Are you suggesting to use Vagrant solely for those not developing on a host capable of running Docker? If my host _can_ run Docker, what value do I get from running it inside Vagrant instead?
If your host can already run docker containers, you don't need vagrant.