EXHIBIT 23.2
Published on July 5, 1996
Exhibit 23.2
CONSENT OF ANN ROULAC AND COMPANY
We consent to the incorporation by reference in the registration statement
of Bay Apartment Communities, Inc. on Form S-3 (File No. 33-926888) (the
"Registration Statement") of our report dated June 30, 1996, entitled San
Francisco Bay Area Rental Analysis, which report is included in this Current
Report on Form 8-K. We also consent to being named as an expert in the
Prospectus Supplement, dated July 5, 1996, to the Registration Statement.
ANN ROULAC AND COMPANY
By: /s/ Ann N. Roulac
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Ann N. Roulac
Berkeley, California
July 5, 1996