Earlier quoted context omitted.
After reading the README of virtualization tools (and looking at the author) I discovered the benefits of using them. I recommend also giving that a try.
I do have to use it since someone early on in the company I work at decided to do everything with AWS and Kubernetes. The fact of the matter is that it's just inefficient, slow and expensive. Bare metal is simple, fast, and keeps you in control.
cloud vms have low capex and high opex
which one is more expensive is a function of many variables