Eh, not quite. You can also have permanent balance problems due to limbic system lesions or other forms of brain damage. (I have severe basalar migraine, which has caused this.) I got here after looking for info on which activities were good for people with permanent balance problems, like for fun, not therapy?
All I get over and over is the same set of "exercises" that I can't do -- ever, and which are boring as well as dangerous. How come there's nothing about living with bad balance? All that's on line is how (for some people) to try to make it go away. Life isn't all therapy, folks, and some of us will never be "fixed."