No, I agree abuse and making people work >80 hrs/wk are not part of the fine print.
The residents at my med school rarely go over 80 hrs per week. So bottom line is that abuse is the exception in what I've seen, not the rule.
I'm not saying the OP can't quit. What many people here are arguing is that he/she should give plenty of notice and leave in a way that minimizes disruption to the program, especially if the only reason for leaving early is to sell and buy a house.
The abuse may becoming less routine, but it is still very widespread. The ACGME does not arbitrate this where an individual is concerned. It may sanction a program but JHU and Yale got zinged primarily for telling the ACGME to sit on it and spin. If they had simply said "we will comply" and carried on business as usual which at that time was closer to 110-120 hours a week like many other programs did, no one would have batted an eye. Don't forget these rules have been on the books in New York for decades and been nearly totally ignored prior to the threat of legislation and the class action lawsuit. My PGY1 program routinely worked residents well over 100 and generally closer to the 109-115 hour range with 36-40 hours on duty. This is just plain wrong. 80 Hours and 30 hours is less wrong, but wrong is still wrong.
The business of any business administrator, including a program director is to solve problems, and someone leaving with 2 weeks notice is just one more problem to solve. If someone decides to leave, and as I recall the OP was miserable at the program, and suggested that they were using the house hunting as an excuse to bail, That in and of itself is mildly untruthful, but given the tenor of the post, understandible. I have seen the wrath of a PD who would not hesitate to fire a resident because of candor about the program on zero notice. So, it is a two way street. The difference is as AProgDirector said above, the PD holds all the cards. The departing resident holds few, unless they want to see their shining face on TV so the world will know about these darker secrets.
And Panda Bear is absolutely right. Programs will LIE to applicants. They lie on paper, they lie to Freida, and they lie to your face concerning working conditions and you find out the day after you've appeared for orientation. What motivation? I don't know, ego, financial, a streak of sadism, a desire to get top applicants who, knowing the truth wouldn't consider those working conditions? The reason is irrelevant. If they told the truth, they would get applicants who agreed with them and those who didn't would not rank them and go elsewhere.
As for the idea that reducing the sleep deprivation is going to necessarily lengthen training times, I'm not certain this is supported by evidence. Time will tell, but there have been many, many well published studies that clearly have demonstrated that sleep deprivation deprives the mind of the ability to learn and of civility, the popular press having cited 24 hours without sleep as the equivalent capability of an intoxicated person. I don't think 80 hours a week is a magic number. I worked 80+ hours a week in most of the jobs I've had prior to medical school. Sometimes for extended times, sometimes for shorter project deadline times. But, I also got between 6 and 9 hours of sleep every single night. And I was very well paid for those positions.
So, if the gain in learning productivity by eliminating draconian shifts exceeds that lost by "being there" 30 hours straight, I cannot see that this is a problem. In fact, I have a probably naive and simple way to manage this. Make the hospitals pay the residents time and a half after 40 hours in a week and double time for any shift time past 16 hours in a 24 hour period. Then it becomes somewhat less economical to force this issue and we would see residents getting compensated either the same as now or their wages approaching that of an NP or PA. And, as soon as the effective hourly wages reached that of the floor nurses, there would be strong incentive to stop using residents as gofers to get lab results and x-ray films.
Slave level labor is rarely economically advantageous. As soon as the true cost of labor becomes apparent, then and only then will there be investment in infrastructure to make medicine highly efficient. Slave level labor merely permits inefficient and ineffective systems to continue to be inefficient because the true cost is hidden.