This is such a stupid argument considering you don't need a fucking giant ass data center to host a tiny little git server. I've seen this argument time and time again, but the real reason people go with VPSes is convenience and laziness.

I would absolutely agree with the other person that renting your own VPS is not self-hosting, not by a long shot. You could argue that you need a massive host for a large video or music platform, or even a large git platform with thousands of repos, but not for a tiny single user, single project forgejo or gitlab instance or a single static web page.