Roughly the same way I feel about HIPPA certification. Except that there is an additional interaction of building codes with zoning laws that leads to inflated housing prices in the US. Also, if you want to know if the house was built to code, you have to inspect it yourself, or at least be on site frequently enough to keep the trash from being stashed in the dead space.
There is of course a separation between safety and standards that is hard for laws and codes to grasp. The separation between intention and results is one of the reasons why you want these things explicitly defined as part of a formal specification for a law, it makes it possible to determine whether it is having the desired effect, and if it is not it could .e.g trigger a clause removing the code from being in effect. Rent controls would be a perfect example for this, though the whole point of my argument in my top level response is that trying to measure whether rent control is effective is the hard part (every serious study of rent controls shows that they are not).
There is of course a separation between safety and standards that is hard for laws and codes to grasp. The separation between intention and results is one of the reasons why you want these things explicitly defined as part of a formal specification for a law, it makes it possible to determine whether it is having the desired effect, and if it is not it could .e.g trigger a clause removing the code from being in effect. Rent controls would be a perfect example for this, though the whole point of my argument in my top level response is that trying to measure whether rent control is effective is the hard part (every serious study of rent controls shows that they are not).