5 years isn't as bad as it thought you might say. It may have just been a cheap tire not up to the strain. But its on its last legs now.
My experience and reading, its usually a combo of cheap tire, weight, braking, and under inflation that cause it. Poor suspension condition isn't quite as relavent as it might be on a car with 2 side by side.
But I've had some "premium" tires that have done it as well. K81, Dunlop, Bridgestones, I think sometimes its just bad luck.
A fork rebuild with emulators is something to be encouraged. Tire or no, you will appreciate the difference.