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Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
The term "net lease" is distinguished from the term "gross lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant pays a gross amount of rent, which the landlord can use to pay expenses or in any other way as the landlord sees fit.
Sale Creek is an unincorporated community and census-designated place (CDP) in northern Hamilton County, Tennessee, United States. It is located along U.S. Route 27 between Chattanooga and Dayton, Tennessee. Sale Creek's population was 2,901 as of the 2020 census. [5] Sale Creek is home to Sale Creek Middle/High School.
The railway is one of the main tourist attractions in the Chattanooga area, totaling over 100,000 visits annually. [8] The top station features an observation deck and a gift shop. Fire-damaged Lookout Mountain Incline Railway, after the December 7, 2024, wildfire (facing uphill (west) from just below Guild Trail).
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Tennessee covers roughly 42,143 square miles (109,150 km 2), of which 926 square miles (2,400 km 2), or 2.2%, is water. It is the 16th smallest state in terms of land area. The state is about 440 miles (710 km) long from east to west and 112 miles (180 km) wide from north to south.
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Farragut is situated in a hilly area between Blackoak Ridge to the north and the Tennessee River (Fort Loudoun Lake) to the south. Its municipal area is mostly located south of the merged Interstate 40 (I-40)/I-75, with the exception of a few neighborhoods. Kingston Pike, a merged stretch of U.S. Route 70 (US 70) and US 11, traverses the town.