There's a reason we don't just "let the builders build". We used to do that (certainly to a massively greater extent than we do now), and the result was that although a few of them managed to construct monuments we can all be proud of, most of them built a pile of crap and/or damaged the places they built in and the people they nominally built for. This is true of literal buildings, but it's also true of a great many…
I think that should be the default assumption; that a given regulation was added because of corruption and PR. There needs to be rigorous explanation on why it's needed; frankly if I could go back in time and magically change the Constitution in some way I'd try to engineer a practical sunset rule that would require all laws and regulations on all levels to expire in a few years and be re-voted-upon (the part where re-voting on many laws might prevent adding more laws is by design).
I feel like there's some sort of a trade-off bias involved here - like when people mistakenly assume that if someone is smart they are not sociable or if someone is beautiful they must be dumb. Most countries are capable of building stuff cheaper, with less rules and far less workers (the latter even applies in Europe). "Oh well but it's less safe". But is it? Does anyone measure that? The buildings and bridges in China don't appear to fall down any more often than in the USA.