My neighbors with the Pit mix have started to chain him up in their front yard now. For us, it means I am unable to play with Tal or let him "help" me bring in or take out the trash. I have several options within a short walking distance of home, so from that perspective it's not that big of a deal.
I feel sorry for the other dog. I don't want to risk an altercation of some kind. I know Tal would want to play but any dog on leash, or chained up especially, can react to another dog within close proximity in such a way as to be detrimental to them both. Just a risk I am not willing to take.