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Yes, that and lots of other factors, e.g. where it is located, etc.
It was an experiment in the sort of cityscape recommended in the 1959 Buchanan Report and was seen as emblematic of the modernisation and rebuilding of London. As ever, and as with all other estates, private or public, how it was managed was the real deciding factor in its success or failure.
Oliver Schick
I can't answer your question but I was surprised to find out that the Barbican has never had any social housing. Turns out it was expensive private property all along.