Consent of Independent Public Accountants


As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our report dated January 16, 1998
included in Equity Residential Properties Trust's Form 8-K (No. 001-12252) dated
July 23, 1998.


Arthur Andersen LLP                                    /s/ Arthur Andersen LLP

Atlanta, Georgia
October 1, 1999