Say I rent a DigitalOcean 20$ "VPS environment" (IaaS) or a SiteGround 10$ "shared-hosting environment" (PaaS).
As far as I know, in both cases I share hardware with other customers (both constellations aren't "dedicated" - either dedicated "on-perm" or dedicated in any other hosting model).
From what I just described, I get the impression that the notion of a "shared hosting environment versus a VPS environment" is misleading because in both cases there is direct sharing of one system (one hardware system - "shared" or "VPS").
Hence I ask, is it true to say that both a "shared server environment " and a "VPS environment" can be either IaaS or PaaS?